Followers | 2227 |
Posts | 20740 |
Boards Moderated | 0 |
Alias Born | 04/13/2006 |
![](https://investorshub.advfn.com/uicon/70348.png?cb=1541427557)
Saturday, February 23, 2013 4:47:31 PM
Now correlate the volume with the correspondent candle, let's study the latest four weekly candles.
The white candle with the close at .0312 was the first attempt to rebound, but the volume was the same, a little over 10M.
The next candle closed near the low of the previous one, and, the volume increased to almost 20M, it means the stock was not yet ready to rebound, and, still had much sell pressure.
The next week, the stock has broken the low of the white candle, and, made a long red candle, BUT, watch the volume, 47.5M, WOW, almost 5 times the 10M average, this is a volume alert, it means that many people is selling, but, also many people is buying, absorbing the shares sold, however, the sell pressure is still stronger than the buy pressure.
The last black candle went only a little bit lower than the previous candle, and, closed slightly above the low of it, this means STABILITY, the buy pressure is EQUAL to the sell pressure, so if it is equal, next week it will be stronger than it.
![](http://i1179.photobucket.com/albums/x395/drpennystock/cerp_weekly8_zps2f51d03a.gif)
Now let's see what happened on the next week, WOW, big explosion to the up side, 200M shares were traded, 20 times the previous average of only 10M.
![](http://i1179.photobucket.com/albums/x395/drpennystock/cerp_weekly9_zps728d7246.gif)
This information that I am giving here for free, worth millions of dollars, not only for the 30 minutes I took from my Saturday night, but, for the years it took me to learn this the hard way, working 14 hours a day, and, that turned possible to make about $50,000,000 on the stock market during the latest 16 years, I am giving my little secret for free, follow the volume, this is a gift for you guys.
Cheers
Dr Pennystock
Recent HGYN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/28/2024 10:11:25 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:51:01 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/13/2024 07:49:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:52:06 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 06:02:26 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM