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Re: None

Tuesday, 04/25/2017 5:34:17 PM

Tuesday, April 25, 2017 5:34:17 PM

Post# of 146291
MR SUPPORT MAY BE FIGHTING A LOSING BATTLE

Despite today's price increase and the appearance of Mr. Support it may be a hard battle for "him"* to win. This is revealed in the trend of the OBV curve. At the one minute time scales its trend has been relentlessly down since mid-Feb despite two price bulges in the range of +15%.

The volume trend shows continual but restrained selling. When and if there is mounting sell pressure it will get more expensive for Mr. Support to prevent a cracking of long-term support.

Trendliner



(* my use of the "him" pronoun should not in any way be interpreted that I am revealing the gender of the individual i suspect of providing the buying support. I am about 80% confident I know the identity of the supportive buyer).
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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