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Re: Smilin_B post# 9830

Wednesday, 10/01/2014 12:34:05 AM

Wednesday, October 01, 2014 12:34:05 AM

Post# of 14303
Well for one Smilin_B-- the chartists I have read here are applying Big Board TA to an OTC stock. That's a very big mistake...

... other than that, the momentum traders are trying to milk another run prior to the RS-- assume for selfish reasons.

If you want to manage risk in OTC stocks follow the Money-- CMF, MFI, ChiOsc and PVO. 3 cycle-movements for the 1st 3 indicators. Money flow says the momo pushers are currently propping up the price on dwindling volume.

If they can't attract new bagholders shortly, the price will fall-- perhaps even collapse. If CMF (retail support) drops, they've lost the ask slappers.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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