ONC (Oncimmune) - Oversold, 85p potential

On a monthly view: RSI has hit 30 for the first time. Price has fallen below the lower Bollinger Band . Reversal potential if price holds as it would be the first green monthly candle since July 2019.

Steep drop from 91p to 37p from October 2019 on tiny volume . The Point of Control is 85p and likely a magnet when volume returns on positive newsflow.

Trade closed: target reached:

Preparing another chart idea so updating this one. Not quite 85p, but front-run around 80p. Nice bagger and think Destiny Pharma could be a similar set-up.