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Microcap & Penny Stocks : ONPT - A 52wk high price and volume

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To: Stefan Habermayer who wrote (69)3/21/1997 12:00:00 PM
From: Stefan Habermayer   of 375
 
IMPORTANT = To ALL ONPT holders: LET US CRACK this nut ! What about, if we put together our ideas. What I simply mean, is this:
1.) We don't know too much on concrete news, so we don't know exactly what will happen in the Earnings on 31-MAR-1997.
2.) So why we don't look for "kind of pattern" in similar situations, as ONPT today ?
There is this great theory about Charts and Technical analysis of graphs. ANYBODY KNOWS ANYTHING ABOUT THIS ?

WHAT IS THE CURRENT onpt GRAPH FORMATION telling us in the "language" of the Chart Analysts ?
It was a long fall from 8 to 1/2 (in about 3+ years). Then for about a year between 1.00 and 0.43 USD. Then a pretty FAST run from below 0.60 Cents to 1 1/2 (in about 3 months, starting sometimes January-1997).
Then about a months between 1 3/8 and 1 15/32.
What does this ONPT "chart formation" tell us ? I am pretty, sure that this is a kind of Classical Formation for SOMETHING. But for WHAT ??
Anybody TECHNICAL on this newsthread ?
The only "chart" I might recall for this type of similarity, is ORBT.
Do you have any similar chart example ? If yes - which stock ?
Thanks and regards,

Stefan
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