InvestorsHub Logo
Followers 177
Posts 11263
Boards Moderated 0
Alias Born 04/04/2011

Re: RobinIV post# 9350

Thursday, 09/04/2014 5:04:06 PM

Thursday, September 04, 2014 5:04:06 PM

Post# of 27076
Problem is that is not what you said and in case your memory is that bad I will post it again and highlight what you really said in bold blue to make sure you don't forget again, because my statement of an imminent reversal wasn't even mentioned, but you had to try and come up with something else now to try and save face. BTW - Yes a reversal is still imminent and in case you don't know the meaning, it means forthcoming, which is still ahead. If you knew anything about charts you would know that is very likely to happen sooner than later, because of the A/D Bullish Divergence in play. Now look at today's updated chart below and tell me what I said is BS. Black on white for everyone to see, so the only one full of BS is you! Maybe its the weather over their in Britain that is clouding your memory and judgement - lol. Cheerio!


crookedneck Member Level Thursday, 09/04/14 12:25:32 PM
Re: tradin1 post# 9341
Post #9344
The spreading BS was not directed at you it was in response to a quote from Robin, who doesn't have a clue about charts. He said, and I quote "The only bs that has been posted on this forum in the last weeks is the story about accumulation in the charts. This is simply wrong and the poster should know this."

Funny thing is I even posted a link to the site that explains this Accum/Dist Bullish Divergence and what it measures, but he never took the opportunity to read it or understand what I was posting about, but once again shot himself in the foot with his dimwitted response.

As a matter of fact I will post my exact message, which makes it crystal clear AGAIN. Cheers!
Quote:
crookedneck Member Level Thursday, 08/21/14 11:55:28 AM
Re: None
Post #9131
Huge Bullish Divergence in play here right now! Major reversal could start at any time, especially given yesterday's high buying volume that came in at more than double the daily moving average, it could send the pps upwards at any time! I was told by someone who follows and knows charts extensively, that this current Accum/Dist Bullish Divergence is the biggest he has ever seen on a Accum/Dist chart and that a reversal seems very imminent! Cheers!

Accum/Dist Divergence

Divergences play another huge role in analyzing the ADL. It is believed by many that volume precedes price so any instance in which volume and price are heading in opposite directions should surely be noted. ADL will help the trader identify these instances.

Bullish ADL Divergence is when the ADL is trending upwards while price is trending down. ADL trending up shows an increase in buying pressure (Accumulation).

LINK: TRADINGVIEW ON Accumulation Distribution (ADL)


Join InvestorsHub

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.