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: rustyjack who wrote (162)	4/15/1997 2:08:00 AM
From: Doug R	of 375

Ron, No matter how you slice it, it's a breakout. One generally accepted rule is that after a move like the last one, the next move (if it occurs) will go the same distance. The first went from 1 23/32 to 3. That's 1 9/32. This move started at 2 3/8. Add 1 9/32 and we get a move to 3 21/32. I like to shave a bit off that so I don't get too greedy. I'll be out again when the bid hits 3 3/8 (or maybe sooner). I take the increase in volume and the fact that it closed at the high to signify a confirmed next leg. Doug R

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