Panjang
OCN -Possible swing for next week

OCN closed at 4.3 on Friday. The average daily volume is about 750K with a 200 day moving average of 3.85 and a 50 day moving average of 4.23 can indicate an uptrend confimation. OCN still managed to close also above the 20 and 10 day moving averages which is a good indication of short term uptrend. It is still up over 40% from January YTD.
ADX is above 29 ( above 25 is a STRONG trend UP or DOWN)
DMI+ is over 14 shows a weak uptrend ( I believe this is low due to the mid term trend)
DMI- is over 23 shows a strong downtrend ( I believe this is low due to the mid term trend)
Pivot and price points for next week are
PIVOT-4.26 a price action ABOVE this point will swing UP to the possible price points of
R1-4.31
R2-4.35
R3-4.4
R4-4.49
PIVOT-4.26 a price action BELOW this point will swing DOWN to the possible price points of
S1-4.21
S2-4.17
S3-4.12
S4-4.07
OCN did move in AH on Friday so I am looking to enter this stock at 4.4 with a stop loss at 4.17 or above as this is a wide stop loss.
ADX is above 29 ( above 25 is a STRONG trend UP or DOWN)
DMI+ is over 14 shows a weak uptrend ( I believe this is low due to the mid term trend)
DMI- is over 23 shows a strong downtrend ( I believe this is low due to the mid term trend)
Pivot and price points for next week are
PIVOT-4.26 a price action ABOVE this point will swing UP to the possible price points of
R1-4.31
R2-4.35
R3-4.4
R4-4.49
PIVOT-4.26 a price action BELOW this point will swing DOWN to the possible price points of
S1-4.21
S2-4.17
S3-4.12
S4-4.07
OCN did move in AH on Friday so I am looking to enter this stock at 4.4 with a stop loss at 4.17 or above as this is a wide stop loss.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.