One World Ventures Inc. (OWVI)

[ryall12]

today was not a good day chart wise. nothing bad really happened, volume was decent compared to the past few weeks and pps stayed in level. no supports were broken, just did not hold/form a channel that could have. so not a good day, but not a bad day. as you say just tiring. which is part of the game in pennys. while news is slow it turns into a game of chicken or patience.

what i do see concerns more of lvl2 than a chart. vndm made his presence felt on friday i believe at 10, today he hit 9. this means someone wants to move some shares. once he is taken out, which may move back up to 10 if so more volume hits the 9 ask, we should go back to the 10 game and possibly have a chance to crack it. nite, who also hit 9 today, i believe is just being opportunistic or working in tandem. either way we are not talking a lot of shares. down days happen. before the last move to 20 this happened, if history repeats we could see a nice break around the 12th.

the potential good i saw today is ubs moved from 3 bid to 6. the higher they bid the better. could go back to 3 tomorrow for all i know but i like ubs with a high bid and they are moving in the right direction.


also remember, chinese holiday this week. we will not have audit, or very much of any china related news, this week.