ONPT - A 52wk high price and volume Message Board

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

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To: Doug R who wrote (123)	4/8/1997 5:48:00 AM
From: Doug R	of 375

1 11/16 low pierced the short term uptrend line. 1 13/16 close broke the short term downtrend line. An intersection of the two lines lies at 1 3/4 this morning. If the bid hits 1 3/4 to 1 25/32 and buying kicks in, another leg up is likely. If it just goes up instead, volume is king. The safety net is 1 23/32 to 1 11/16 since that is where the next uptrend line under the shortest one is. Buying volume here would also be important. 1 17/32 is the hardball support area for today. A close at the top of the trading range yesterday on good volume suggests that the rally is intact. IMO Doug R

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