S, thanks for your thoughts.I appreciate your comment.
I didn't think I had posted too many times about ONCS and the targets I see, but I can go back and check. I only get so many free posts here at IHUB in a day, I never want to waste them,repeating myself.
your points about how TA becomes irrelevant when fundamental news takes over ,something many posters and fundy analysts mention, I don't disagree with that idea, I think it doesn't Invalidate TA as a good tool, what it does is it Changes the chart picture, like refreshing the screen, and now a new picture emerges. when that new picture emerges, then a new technical set of data comes in to play and can be analyzed just the same, as a good tool to use. Price action is always a dynamic process...always changing and evolving, and on occasion, when fundamental news shifts the picture.... that's when Fundamental energy takes over. after the dust settles the technical picture might be taking over. in that transition moment when Fundamental news takes over , the TA forecast does get changed. doesn't mean the forecast was wrongly made, it just means the Fundamental news took over I do think they work together TA and FA.
anyway, I appreciate your comments. sometimes when price action reaches a critical moment in time, like what OCS has been doing this week,between 42 and 50 cents, it does seem to me like a play by play commentary, and I can see how it can become tiresome to see. I get tired when I see a bunch of posters cheerleading and saying GO ONCS !! like that means anything. or several come in here and say ONCS is going to soar thru 50 cents today !!! ummm....no its not.
50 cents is a resistance point to be careful about. I said that yesterday I think. but anyway, its all good . Thanks for your response. and good luck to you.
