Good Morning!
The only thing I love more than a big one-time rally prospect is a company that can keep the thrill flowing for DAYS or even weeks.
OriginClear (OOIL) earned another gold star yesterday for printing 22pct on a gusher of NEWS-inspired intraday action.
Some of you missed the fun. Others are anxious about whether there’s still win left at the OOIL table. You’re ALL in luck!
Looking at the chart and reading between the headlines, I’m thinking we could see some “follow through” here today . . . maybe even a LOT of it.
So refresh the technicals and let’s see whether OOIL is ready to take stellar one-day action to the next level:
Remember, I was quick to alert you on Monday that the Greek jitters were unlikely to derail what looked like an OOIL breakout in the early stages.
That’s the red bar on the far right. OOIL opened well above the rapidly sinking ceiling, technically smashing through it and establishing a bull trend.
Yesterday confirmed the move on MASSIVE volume, easily the best of the month so far! OOIL opened above the old ceiling and closed above it too.
Some of the chart guys would say that makes that old “ceiling” into a new FLOOR, which implies better things ahead for OOIL.
I’ve got to say the previous bull run is encouraging. Maybe a month ago, OOIL got frisky at 0.04 and rode to 0.065, scoring 62pct across 8 days.
We scored 27pct of that ourselves after I alerted you to a 2-day slice of the action. So I know it’s important to let OOIL ride!
As it is, OOIL is currently up “only” 25pct from a recent low of 0.048 over the last 4 days. Is the rally half over or simply getting started?
Today’s trading will help determine that. I think the NEWS flow will be critical. Loyal team members know OOIL is keyed to the headlines!
OOIL got to test its flood water purification system in Oklahoma recently. Worked like a charm, the partners say. “Surpassed our expectations.” (Read more)
Lot of flooding out there these days. Lot of business for OOIL to capture if they want it. On average, floods do 8B in damage per year. (Read more)
Texas is still drowning after 100,000 gallons of waste water backed up in the floods. That’s a classic call for what everyone now knows OOIL can do!
A big storm like Hurricane Sandy can run up a 10-digit water systems repair bill. Again, call for OOIL to set up the tanks!
It’s a great development for OOIL and as the buzz circulates we could easily see more and more traders realize how it changes the game here.
The company is already selling water purification systems into China, which I don’t need to tell you is both filthy and incredibly thirsty.
But enough about that! OOIL is on the rally ramp! Let’s RIDE!
Sincerely,
Michael Reef
yourstockguy@gmail.com
