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kiy

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Posts 16175
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Alias Born 08/19/2010

kiy

Re: None

Friday, 11/17/2017 1:26:58 PM

Friday, November 17, 2017 1:26:58 PM

Post# of 426
SENTIMENT...GALXF a small lithium stock...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136281857

Mr Lithium, Joe Lowry
https://seekingalpha.com/article/4008830-lithium-miners-news-month-september-2016

MOMENTUM...looking at the price chart; the technical indicators above all those price bars are momentum indicators...buy low/sell high...oversold/overbought...

The indicators below the graph of price bars I use as SENTIMENT INDICATORS...Volume=volume speaks volumes...Accumulation/Distribution... Money Flow Index...On Balanced Volume (OBV)...
Markets are not about beliefs, but about sentiment. And, If you can measure sentiment... then you are in a position to make your investment account grow without the need for excuses. (...this really is all you need to know about the Markets ...and it should be carved in stone...

GALXF...in the past 2 months you can see price has doubled...the price high of $3.07 was already seeing some weakness in sentiment and a second price high of $3.05...what was sentiment saying as price was trying to take out the first price high...?...sentiment was sideways=weak...
Right now it would be healthy to go find a support level...it looks like the 50 day average will get a test...will it hold as support...?...I don't know...I have to "LISTEN" to what the technical indicators are saying when price is at the 50 day average. And...The sentiment indicators are telling you what the "crowd" is doing/thinking at the 50day average..

Next...Notice the last 2 graphs on the above chart. Note how the price bars change color when price closes above or below the 10 day average. Maybe a green bar is telling you to buy because a potential trend may form; maybe a green price bar is saying don't sell...maybe both...?
Maybe a red price bar says sell or maybe its saying don't buy...?
Maybe a blue bar is neutral about direction; maybe its saying to listen to the last green or red price bar...?...
Note... how important the 50 day average is as the 10day average is trying to decide to move above or below the 50 day average...
It can be that easy...

Enjoy...good trades...You are only as good as your next trade...
And always...Give a little back to a good cause...
You are now an expert...
Ki...Kiy...theMatrix....
(I will post this chart and a link to this post on the Speculation Board in the sector of Lithium of Lithium stocks)


SENTIMENT...GALXF a small lithium stock...

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