Keep close eye on ONXX this week, especially Monday

[whodi]

I already own 5,000 shares at 29.06, I have been waiting for the right time to get back in for a better position. This stock has been testing 27.73 for the last 10 trading days dating back to June 22nd. Real tight sideways action. Volume hasn't been much but if it can break through those levels, I definitely see the volume picking up and ONXX making a nice run. Check out the chart below the last 10 trading days. My stoploss would be under 26.50. This seems again almost 2 easy if it breaks past 27.73, trust me, the buying will pick up and the stock will move for an easy point or 2 for you.

http://finance.yahoo.com/charts#char...urce=undefined

http://www.thestreet.com/_yahoo/fund...&cm_ite=NA

[Goods]

Definitely watching for a breakout. They offered about 7,000,000 new shares at $28 last month, that should be played out by now I think.

Check this out... Typo when looking up ONXX brought up OPXT (Opnext Inc)

Double bottom pattern, May - June, broke upward has since broke it's SMA 50 only to go sideways for the past 9 days in what may or may not be an acending triangle. Friday it broke upward strong, only to come right back down a couple hours later. Volume patterns follow but volume has been all over the place day to day. Company is only 6 months old.

Look like it's ready to break out to you? Could be good for a dollar or more.