One week down, one week closer to HEXA!
ONCI showed a lot of signs of strength this week... here's what I saw.
We took a scary little dip on Tuesday due to some inpatient (typical news) selling on the release of the SH letter. However, the both Longs and Flippers took advantage of that and loaded some very fortunate low .003's and very few high .002's.
Then we established a new channel, after breaking above .0033 shortly after the news dip. There was some serious potential to fill the gap up to .0051 on Wednesday until that ridiculous Ask wall went up; obvious manipulation, but unfortunately that stuff works. The Ask has since disappeared, and the PPS held strong staying above .0033. To me it appears we have a similar situation to what we saw around .0029... where will the next channel be?
Overall, ONCI is showing some healthy trading to me. We haven't seen any large volume selling or T-trades since shortly after SB announced that the Debt was 99% paid (Looks like a major delivered promise to me). We've been creeping up slowly for almost 3 months, and building strong bases each step of the way.
Everyone is anxiously waiting on the Name Change, Share Reduction, Audit, and several other major developments, but it appears we won't launch until one of those lands. However, it is becoming easier and easier to be patient as we continue to trend up. Some investors are up 100% or near with the .002's and high teens back in February... It's easy to hold during an uptrend.
This uptrend is going to continue until we get that major catalyst that sends us to the moon. That is because ONCI continues to bring in revenue at an extremely fast pace, thus their value is climbing fast. The deal that was released in the SH update was massive. Conservative estimates are that it is worth $30 million!!!
#REVENUE RULES
If your waiting for .002's, good luck to you, but what I'm seeing tells me the longer you wait, the more you'll have to pay. If we are really just waiting for the FINRA, which I believe we are... It is only a matter of time until the name change is approved, and it will happen when least expected.
It takes time to build something as big as SB is building, and it's all coming together.
Go ONCI!
All posts are my opinion only.
