Replies to post #31515 on OWC Pharmaceutical Research Corp (OWCP)

[VST7]

This is a New Year New Month, this little dip should Not last long at all IMO, it actually cooled out the RSI and a couple other indicators on the OWCP chart.

Last month was end of the year Tax loss sellers, for anyone who bought in higher & needed a write-off, MMs & short sellers take advantage of that bigtime.

If you look at the T&S & look at all the Buys above .19-.20 on Tues. there was some Bigtime Buying, which IMO, was either some Deep pockets Investors, or Institutional buying, possibly a hedge fund picking up a starter? Who knows?

I just know that Buyers like that don't Lay down money like that to sell for Losses. They Buy a Bunch & let it move up, then they take a breather & let the weak hands leave while they Bid sit, once the weak are out they go back at it. We will see what happens??