Saean Group Inc. (SEAN)

[surfkast]

The chart shows a few buying spurts but no real accumulation per the Accum/Dist with money flowing out since late February. The CMF is showing extremely negative confirming selling. Leakage is being taken up by the MM's that is why we see ongoing trades between the bid/ask. My gut feeling s the company is setting up for major dumping. I also believe the O/S is actually much higher than the 2013 numbers based on the chart.


The Accumulation Distribution Line is a volume-based indicator designed to measure the cumulative flow of money into and out of a security.


Chaikin Money Flow (CMF) - Combines price and volume to show how money may be flowing into or out of a stock. Alternative to Accumulation/Distribution Line.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators