Replies to post #59246 on 02 Secure Wireless, Inc. (OTOW)

[miltonjayro]

OTOW .0009 Reversal hit a double bottom at .0005

The stock saw over 30 million in volume today in just last hour of trading. The average volume in the last 3 months has been 7,095,828, this is quite telling as now the down trend has been breached. The last move in April had a similar rally from .0006-.0026 range.

This may look like measly to some but bullish indicators have now signaled possible reversal with a break of .0011 this could see much higher

[miltonjayro]

OTOW .0009 Take a look at the last few trading days in regards to volume:


08/03/12 0.0009 +0.0001 +12.50% 30,298,398
08/02/12 0.0008 unch unch 10,584,100
08/01/12 0.0008 +0.0001 +14.29% 7,021,500
07/31/12 0.0007 unch unch 25,279,900
07/30/12 0.0007 +0.0001 +16.67% 1,825,600


looking a past news there are pending updates, lets take a look:

O2 Secure Wireless, Inc. To Launch Branded Line of Android Devices
9:15 AM ET 6/29/12 | PR Newswire
O2 Secure Wireless, Inc.

http://ih.advfn.com/p.php?pid=nmona&article=52944313

"is announcing the creation and launch of corporate branded Android phones and tablet that will soon come to market........For the past two years, Val Kazia, CEO of O2 Wireless has been in a development partnership with a leading Chinese manufacturer on a new smartphone line and tablet design powered by the Android 4.0 mobile OS. These devices, which will be announced late summer 2012"

The news of recent store opening has to be updated to shareholders soon:

JUNE 28, 2012
9:21 AM ET O2 Secure Wireless Announces First Company Store Opening
PR Newswire

"O2 Secure Wireless, Inc. (OTOW) opens retail store and announces staffed call center for growth.
O2 Secure Wireless, Inc. is pleased to announce the opening of its retail store location in Palm Coast, FL at 101 Palm Harbor Pkwy. Unit #133. The store will hold its grand opening on July 9th and will open at 10am."

http://ih.advfn.com/p.php?pid=nmona&article=52926638

Now If you look at the chart , you have leading indicators

-double bottom

-Reversal Candle

-MACD and Histogram Flipped to upside

-Cycle Stock and trend

-Downward trend could possibly break in the next week with a close above .0011

-The stock has dropped considerably but RSI now in the buy zone

-Traders not investors will look at this chart regardless fundamentals

-Trend is your Friend until the End

Chart Setup

http://stockcharts.com/h-sc/ui?s=OTOW&p=D&b=5&g=0&id=p24371534462&a=272810055&listNum=1

The Chart along with increased volume may look measly but the technical indicators show that the probability for this going higher has increased

Trading is not for the faint of heart GLTA

[miltonjayro]

OTOW .0009 The Company has ties with Master Card , leading Credit Card in the world, Please watch the video:

Professional Website:

http://www.o2securewireless.com/