Ocwen Financial is a relatively small financial company that services and handles loans within the loan industry.  It has a very small market cap of just 440 Million but is still 40 percent institutionally owned, lending one to believe it is a reliable company.  At 7 dollars a share its price is well off its 3.66 dollar 52-week low and the moving average reveals that the company is just now moving back through its moving average.  The previous time OCN bottommed after a significant fall was in early July when it hit its 52 week low.  Just a couple days ago it double bottomed at 5.5 dollars and has now begun moving up again in an identical fashion to its movement in mid July immediately before it began a 2-3 month solid uptrend.

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