ONT: Will settle lower before giving buy signal

ONT has been swimming against the current, posting remarkable gains over the last week. It does look like it's cooling off at the moment; RSI is down (on 30 minute) and Ichimoku cloud signals seem to indicate that this will retrace some more yet. I would pick up more as it dips closer to $4 mark.

Trade active:

I am setting some buys at that .0005594 level. Not to forget that ONT is presenting this weekend at NeoDevCon, so that will be an external catalyst.