(This post was last modified: 2020-05-17, 06:30 PM by marry123.)
RE: Stage Analysis Beginners Questions-ONC.TO
Hi Isa,
I was hoping you could comment on ONC.TO. It is a biotech and the chart looks very good, I think. It broke out on huge volume in January (ran from around 1.50-8), it pulled back and is now back above a rising 30 MA and above the weekly cloud. Last week very good volume came in and it is not too far from the 30 MA. The only issue I can see is that the 50 MA is below the 150 MA on the daily still so maybe I would need to enter if the 50 MA gets above the 150 MA on the daily.
Thanks for your thoughts.