Obocon Inc. (OBCN)

[Pennies From God]

(IMO), If one looks at the CLSI intra-day chart going back to around April of this year, the chart identifies that shares are being accumulated.

(IMO), The tightness of a chart trend, and the neatness of the stairstep downward motion, can sometimes display how well a stock is being guided?.... (Checkout the CLSI intra-day charts for 3,6,12 and 24 month charts in the right hand chart).

(IMO), Anyone who has studied long-term charts can easily identify this type of chart action when it is happening after a period of time. (The tighter, the better. The more strait the angle trend (up or downward), the more it tells on itself).

(IMO), The CLSI chart from April-2020 through June 2020 backs up my opinion. That strait tight band (unexpectedly) shot up around June to induce more sellers and buyers to come out, and since it topped out, more and more sellers have came out (as well as buyers).

(IMO), Chart trends can tell a lot. At least enough to form an assumption or opinion that can be used to test against other similar looking trends. The more one practices using trend lines, the more confident one might feel about their decisions in choosing a long-term stock to invest in.

(The last thing one wants to do is end-up hating their stock purchases when the stock ends up "appearing" to be doing something other than what they expected it to do!)

All my opinions of course. Learning about charting, can be fun, and it can also be challenging and helpful for your brain! Maybe even for your wallet :)

G0-CLSI
GO-DR.DOKI
GO-SAM?