InvestorsHub Logo
Followers 187
Posts 674725
Boards Moderated 0
Alias Born 10/14/2012

Re: None

Wednesday, 06/28/2017 7:57:41 AM

Wednesday, June 28, 2017 7:57:41 AM

Post# of 97387
Compensated Awareness Post View Disclaimer
OBV also confirmed trend reversals in BBY. Notice how BBY broke its down trend line in late February and OBV confirmed with a resistance breakout in March. BBY broke its up trend line in late April and OBV confirmed with a support break in early May. BBY broke its down trend line in early September and OBV confirmed with a trend line break a week later. These coincident signals indicated that positive and negative volume were in harmony with price.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.