I am watching the crossovers here. The stock pulled back to fight with each crossover and that is normal. Just plot these daily moving averages for this stock and watch them. You will know when the turn back up begins and when each breakout happens.
Today the dma20 began it's crossover of the 100dma. The 50dma is where some have loaded. The 50dma is setting up to crossover the 100dma as well. All of the lessor dmas will start crossing if the major crossovers and breakout are to occur. It is the same with every stock. Regardless of manipulation, news or whatever.
If you follow the dmas as they turn up and down you will be in line with the real movement of the pps. The trend that they set, up or down, will always be followed until they reverse course. Once reversed, they will maintain that new direction until they reverse again.
I play the cycles in every stock using the charts. That way I can ignore all of the other nonsense and just deal with the real direction, short and longer term of the stock.
If the major dmas complete their crossovers, positive or negative, the shorter term dmas will as well. Since this stock has been heading down, the next turn is up. That will be indicated by the 2/3/4/5/10/20/50/100/200 realignment.
When that realignment beins on any stock it becomes good play until it fails. Here are the current positions of those dmas for ONCP.
2dma .0007
3dma .0007
4dma .0007
5dma .0008
10dma .0008
20dma .0008
50dma .0007
100dma .0008
200dma .0093
The 100dma has been coming down to meet the 20dma and the 500 dma for months since March when the 20dma and the 50dma crossover below the 100dma. A major failure. Since then the stock has fallen from .01 to .0001 in April. At that point the stock climbed back up to .0021 as the 20dma struggled to crossover the 50dma. Then it dipped again down to .0003 in June when the 20dma failed to maintain it's crossover of the 50dma. Once again the pps rose to .003 in June as the 20dma charged the 50dma again and the pps failed at the 100dma.
Now since then the pps has fallen down to rest and reload again for the next charge at the 20/50/100dma crossover. Over the last few days the pps dipped to help the 20dma cross above the 100dma and the 50dma is right behind it. The 20dma had already crossed above the 50dma in late June.
20dma .000800
50dma .000712
100dma .000796
So if the Major dma's continue the current direction the Lessor dma's should turn back up and crossover. This begins a complete realignment of the DMA's and that makes for a major move up in the pps.
There is no guarantee that it will happen, but when the dma's begin crossing above each other this time it is very likely to happen. That is what I am watching for with this stock.
The current trading activity is normal when a major turn is being fought for. It could take a day or a week to confirn the changes but I'll watch and wait. So far, so good. The stock has not closed above the 100dma since late February and this is the closest it has been to doing that. When that happens you will have confirmation and a major run up.
Those are not my opinions, those are the rules, the laws of of physics. The charts just make it easier to see.
Good trading to you...
News 
Market Data 
Discover 
