How far will it go down? I issued an adjustment forecast for Oncolis.

Oncori (4588) Brand Analysis

Please watch the video below for details of the analysis。
The price moved with high volume, but the short selling balance did not consolidate much.
Looking at past Oncoris short positions, unless the short selling balance falls to around 1.5 million shares, the upside may be limited.
However, the technical indicator RSI is signaling a forthcoming rebound on both the weekly and daily charts, and even when looking at supports and Fibonacci retracements, it does not seem likely that the price will move sharply downward all at once as before.



The site administrator, who has this predictive accuracy, has consolidated that know-how into the market principle EA; details arehere
（Also being adjusted to develop a stock investment version）