02 Secure Wireless, Inc. (OTOW)

[dmlabuda]

Some day we'll have to compare notes on the MACD but, relative to your candle stick readings, I'm not an expert in the candles but, I see no great readings there at all. I need to find an hourly chart to look at because I'm almost positive that there is a rising wedge on that chart and if there is, that is a sure sign of a coming correction in the price. Typically sharply lower prices for the near term. But, as I said, I have not seen that chart. I'm just speculating based primarily on the candle sticks. Here is what I see in the last 4 candles starting with today and moving back:

Spinning top - which indicated indecision
DOJI - indicated indecision and possible trend reversal
Hanging-Man (well almost) - typically indicates strong resistance and possible trend reversal
Almost a hanging-man - again a sign of possible reversal and resistance.

The reason I think the Intraday charts have a rising wedge, is that the low prices are moving higher more quickly than the high prices are moving higher. That is characteristic of a rising wedge.