Replies to post #21380 on OncoSec Medical Inc (ONCSQ)

[JDUser1963]

Offering was at .71 in the spring....In my book the RSI is nowhere near where it should be,,, as in double the offering $1.42+. IMO

[123tom]

Hi John..... I remember you from some of the miner forums, we've posted on there before. Welcome to ONCS.

JCM, forget about the jibes from others that you missed the boat here, that's baloney.
If youre interested in ONCS,youre not too late at all.

Too bad you didn't see it a month ago and could have bought at 38 but its ok.

If I can offer my thoughts heres what I would do as a new investor.

You have the right idea already I can see.... I would buy the first starter position Monday, IF price holds here around 60, but I would NOT chase it higher if it pops above 61.... I'd wait for it to come back down. It will come back down .

This 60-65-70 area is a resistance topping zone. Price should pullback to the 50 cent area at some point.
But I would start with a first portion now 1/3 at 60...then if/when it pulls back toward 55/53-50 area, I'd buy another 1/3 portion...and then later if it falls below 50 I'd buy the final position.(48-43) but anywhere around 50-55 should be a decent cost basis

good luck to you ,John.


http://stockcharts.com/c-sc/sc?s=ONCS&p=D&b=5&g=0&i=p37172534202&r=1410032927795


http://stockcharts.com/c-sc/sc?s=ONCS&p=W&yr=1&mn=6&dy=0&i=p38153061704&r=1410033059876