To answer your question about OSCR I will state the following:
First go to stockcharts.com and make a chart using the indicators I put in my post on the PODM board to Sonystyle.
Now put PODM into that chart.
Now put OSCR into that chart.
YOU HAVE YOUR ANSWER.
Now you state that you are a newbie and I don't know how long you have been trading, what kind of money you are working with, what tools you use to monitor your stocks, what your risk/reward tolerance is or anything else.
I'll assume you have nothing other than the stockcharts.com chart I gave you for buy triggers, 10,000.00 dollars, a cash account/no margin, no level 2 for pinks or otcbb(real-time or delayed), one week of trading 500.00 to 1000.00 trades losing 50% on every trade. Bet I'm close because I have been there, LOL.
I got OSCR two days ago as it moved off of the bottom. How? Scanners that pick up a certain percentge move on any stock in the entire market. You can set your parameters to catch them early or late, volume, and 100 other items depending on the scanner and software. Look into MICROCAPFEED.COM. There are others that are much more expensive and complicated. You'll find them when you are ready for they. Never make trading more complicated than it has to be.
Fridays are the best day to scan for Monday runners for many reasons. OSCR close HOD. Slight gap Monday and closed almost HOD. Today, slight gap filled as it was Monday, only the close was down almost 50% from the HOD. 3 day run rule applies this time. You will see stock run for 9-10 days straight from time to time, just not this time.
Expect a retrace back to .024 or .018 the EMA20 AND EMA30. Watch for the 2DMA to fail as support at .10, followed by the 3DMA at .072 and the 4dDMA at .055. When those fail look to the 5DMA at .045 and the 10DMA at .026. The 10DMA shold be solid support even if it dips below it to .024 or .018. Your FastSto crossed negative already today. FullSto, ADX(2), and CMF(3) all heading south now. Ditto on the PPO(2,4,9),MACD(2,4,9) and the TRIX(3,3). Volume also decreased from Monday to Tuesday on OSCR by about 50%.
The stock is still very healthy and a health retrace is always a good thing. It is the one day wonders, volume spikes, and pump and dumps that are not good. So don't let negative posters and folks screaming the stock is trash or a scam distract you. That is is only game those folks know. Follow the chart because news or someone with a big load may decide that they don't want to wait until the retrace is completed, so they buy it back up. That will not be me. I would add in stages as it falls, flipping out a small amount with each bounce at each key support point until the bottom is hit. I will add a larger percentage of cash and shares the lower it goes towards the bottom target. It could take a day or up to a week, just depends on how many flppers who know how to flip a retreacing stock are here and how many folks who don't know when to buy or sell are here.
So to answer your question, if I had your money and your experience, I would buy in 100% of PODM at the open at the ask. You would be buying in at the bottom after the completed retrace from the first run. Safer buy because you know where it has been and where it is going. History does repeat itself in the markets everyday, over and over again. This is why you trade patterns and have patience. By the time PODM is over .0010 and breaking out at .0011 you will already be up 20% with a fast move to .002 and .004. I did the same thing with RDWG after its run and retrace.
So now if all you have is that chart and indicators, a little money, even one good healthy stock, even if the stock has already run and in retracing now, YOU CAN STILL MAKE LOTS OF MONEY!!!
"NEVER CRY WHEN A GOOD STOCK IS FALLING, THAT IS WHEN SMARTER PEOPLE ARE BUYING. JUST KNOW WHEN TO BUY(USING THE CHARTS) AND WHEN TO SELL(USING THE CHARTS)."
"WHEN YOU MISS A BOTTOM, YOU HAVE MISSED MOST OF YOUR GAIN(PROFIT)" "YOU CAN ALWAYS HOLD AND RIDE DOWN A LITTLE IF YOU DON'T CATCH THE ABSOLUTE BOTTOM, MUST TRADERS DON'T CATCH IT, AND STILL HAVE ALL OF YOUR GAIN RATHER THAN TO WAIT TOO LONG TO ENTER AND HAVE TO CHASE MISSING 20%-100% ADDITIONAL GAIN." Example is illustrated by your questions about PODM and OSCR. Both great stocks, but the charts tells you which to buy tomorrow morning and which to watch.
Now if OSCR bounces off of one of those DMAs and moves back up to previous days close, just as RDWG did today, it becomes a add or new buy candidate. It could happen but the chart is currently saying no. Look at the ADX(2) on RDWG AND OSCR even after I have a three day 500% plus run on RDWG and a three day 1000% plus run on OSCR. OSCR DI+ GREEN LINE is maxed out above the BLACK TREND LINE and already retreating downward to cross below that trend line. RDWG DI+ GREEN LINE has yet to reach the BLACK TRENDLINE so it will continue and I along with her.
I hope that helps you. I tried to keep it simple and give you fact regarding the charts. If you use that chart with any stock I posted today you will see clearly the buy/entry and sell/exit points on each of them. Now you know why I posted on the PODM board today. I was watching the ADX(2) Monday and buying along with RDWG but the ADX(2) crossover was delayed on PODM. So now that you know what is coming I can LOAD AND GO. Notice that even with a slight down day today on PODM with a tripple bottom at .0005, the RED DI- LINE CONTINUED DOWNWARD TO ALMOST TOUCH THE GREEN DI+ LINE TODAY!!! That one block support trade below the bid at .0005 was a signal and a chart adjustment. "Work with the MMs and Win".
Have a great trading day and use that chart with every stock you think about buying or selling. Ignore the posters(positive and negative) and follow the charts. Help someone else. Enjoy life.
