On4 Communications Inc (ONCI)

[Moonboy1]

Tech stocks in general had their worst day in 5 weeks today across the board. Bad timing for ONCI since we were going to have some profit taking anyway due to earnings report a few days ago. We are starting consolidation period today IMO. Since fundamentals are good here a pattern should start to develop. So, we had a double negative today IMO. Great buying opportunity. This consolidation period will not last more than a few days here though IMO. Plus any new news will change the pattern to more bullish. Consolidation periods will get longer as we move higher IMO. Of course that's without new news.

I say .025 by Friday.

As always all info. I post is my opinion.