InvestorsHub Logo
Followers 153
Posts 12276
Boards Moderated 2
Alias Born 04/02/2007

Re: jimmenknee post# 11185

Tuesday, 10/21/2014 12:03:57 AM

Tuesday, October 21, 2014 12:03:57 AM

Post# of 14303
Money Flow Chart Update: "Give Us a Sine (Wave)-- Not a (Fake) High (Wave)"

Slight increase in volume w/ upward aligned money flow suggests the short term Money Flow up-cycle is back in play. Additionally, seller appeared to move up to .304 & took the afternoon off.

Money Flow TA 3 Cycle 3rd Time Charm?: Money MOMO (ChiOsc) ended up flat but maintained a green status-- afternoon buying hopeful. Both monthly (CMF 21) & short-term Retail (CMF 3) (#2 on chart) moving back towards stronger position above "power zone" (> .5). Short-term (MFI 3) and monthly "Smart" (read: manipulative) Money (MFI 21), albeit w/ a smaller grade, are aligned w/ CMF movement w/ MFI 21 closing in on the "signal line" (50). This is in a more favorable position (Green Rectangle/Purple Lines) than last time (Red Rectangle/Purple Lines). Could get 2-4 sessions positive movement from here (1-2 sessions to confirm).

% Volume (PVO) (#3 on chart) still lagging; but assuming buy volume is maintained we should get a positive 12/26 crossover within 3 sessions.

Raff Regression and Fibonacci Fan replotted based on Sep 9 top and Oct 9 bottom (Oct 8 for Fib Fan). Added Sine Wave w/ Reverse Split reset price as midpoint. Key price areas to watch: Fibonacci pivot support (S1) @ .434 and (S2) @ .307 (breached a 3rd time-- and more extensively -- today)-- sub-price points: .372 (Raff Regression) and .26 (Lower BB)

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