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**Klipper22** · #1 07-06-2007, 11:55 PM

Look who's indicators are setting up for a bounce again. I'm not even going to look into ONGO's fundy's. This is purely a technical play for those who are into that kinda thing. I don't think that it is quite there yet, but I like to start watching stocks trade that I feel are getting closer. I'm looking at this for maybe around Wed. for the bounce. Make no mistake about it, they're diluting. SB-2's and S-8's like crazy this year. I'm just looking for that bounce.

http://stockcharts.com/h-sc/ui?s=ONG...m=1&a=93889404

scmfinance · #2 07-07-2007, 05:37 PM

Quote:

Originally Posted by Klipper22

Look who's indicators are setting up for a bounce again. I'm not even going to look into ONGO's fundy's. This is purely a technical play for those who are into that kinda thing. I don't think that it is quite there yet, but I like to start watching stocks trade that I feel are getting closer. I'm looking at this for maybe around Wed. for the bounce. Make no mistake about it, they're diluting. SB-2's and S-8's like crazy this year. I'm just looking for that bounce.

http://stockcharts.com/h-sc/ui?s=ONG...m=1&a=93889404

i've played this before klipper -- lost money and made money. i agree it may bounce a little soon but won't stay anywhere for long. it's been on a death spiral for years. i would look for a day with high volume (10mil+) cause those seem to be the days it runs the most. good luck.

Titan · #3 07-26-2007, 08:23 PM

Well I see this still isn't getting any love...lol I got in this the other day, thinking it was going to finally make its breakout run, but they just wouldn't let it go. It appears to have established its support at .0050 and looks like it could move up, if they'd let it. But who knows whether .0050 will hold or not, though it was getting hit with selling pretty hard this afternoon and still didn't drop, so I'm counting on it bouncing soon.

I have no love for this thing, so if it doesn't hold .0050, I'll take my ball and go home. Definately worth keeping an eye on, if it gets enough momentum they may just let it go.

**Grizzums** · #4 07-26-2007, 08:26 PM

Quote:

Originally Posted by Titan

Well I see this still isn't getting any love...lol I got in this the other day, thinking it was going to finally make its breakout run, but they just wouldn't let it go. It appears to have established its support at .0050 and looks like it could move up, if they'd let it. But who knows whether .0050 will hold or not, though it was getting hit with selling pretty hard this afternoon and still didn't drop, so I'm counting on it bouncing soon.

I have no love for this thing, so if it doesn't hold .0050, I'll take my ball and go home. Definately worth keeping an eye on, if it gets enough momentum they may just let it go.

Hmm...so Im trying to digest this thorough analysis....let me see if I can sum this up...

...it could go up or it could go down or it might hold steady? Brilliant! Absolutely Genius, I tell ya!! :D

Titan · #5 07-26-2007, 08:43 PM

Perhaps reading isn't your strong suit, cuz that's really not what I said...lol

I said that it appears to have established support at .0050. I said that there was considerable selling pressure that I feared might break through that, but didn't, which further confirmed the fact that its at support. I said that it tried to run, but the MM's pulled the rug out and killed the run, but my exact words were they didn't let it. And finally, I said that if they LET IT, it will likely run, but if however it falls apart and breaks support, I'll sell in a heartbeat.

Hows that...lmao

**Grizzums** · #6 07-26-2007, 08:59 PM

Quote:

Originally Posted by Titan

Perhaps reading isn't your strong suit, cuz that's really not what I said...lol

I said that it appears to have established support at .0050. I said that there was considerable selling pressure that I feared might break through that, but didn't, which further confirmed the fact that its at support. I said that it tried to run, but the MM's pulled the rug out and killed the run, but my exact words were they didn't let it. And finally, I said that if they LET IT, it will likely run, but if however it falls apart and breaks support, I'll sell in a heartbeat.

Hows that...lmao

Roflmao...

Miss you around here buddy! Had to bust your ba***, I don't get many opportunities anymore... Hope all is going well.

**Klipper22** · #7 07-26-2007, 09:43 PM

Yeah, right now this thing epitomizes a jerked around stock. Sometimes it looks primed to go and it just gets slammed right back down. We've been watching it trade for a while and it just seems to never get its legs under it. PERT has been living on the ask recently and never strays far from it. Surely smells like dilution, but I know people get tired of hearing that. Fact is that it is a harsh reality, though. Charts still aren't terrible. The one thing that I don't like is the A/D dropping fast. We'll see what tomorrow brings.

Titan · #8 07-27-2007, 12:43 PM

Well it was...lol I flipped out of this at .0047 this morning, but jumped back in at .0043 with a pile of free shares. Hmmm.... I suppose thats a reverse flip eh??? Lmao

Titan · #9 07-27-2007, 02:20 PM

Looking good so far.... Back up to .0047, with the Ask at .0049!!! WHOO WHOOO

Titan · #10 07-27-2007, 02:33 PM

ONGO Prints .0049 WHOOO WHOOO