TWMJF & CGC.TO charts
One set is the US traded ADR and the other is the Canadian Toronto Stock Exchange. This post is on my chart thread 3d 15min INTRADAY http://stockcharts.com/h-sc/ui?s=TWMJF&p=15&yr=0&mn=0&dy=3&id=p27901972914&a=469416778 3m DAILY http://stockcharts.com/h-sc/ui?s=TWMJF&p=D&yr=0&mn=3&dy=0&id=p15270168700&a=469417369 3d 15min INTRADAY http://stockcharts.com/h-sc/ui?s=CGC.TO&p=15&yr=0&mn=0&dy=3&id=p66855831077&a=469333939 3m DAILY http://stockcharts.com/h-sc/ui?s=CGC.TO&p=D&yr=0&mn=3&dy=0&id=p52949653350&a=469336520 Basic entry indicators
Choose 3 indicators, one momentum, one trend & one volume. Your watching for trend entry, will retail (AccumDist
) or +5% holders (OBV)
support your decision and how strong to expect any move you enter, will be. My choices to fulfill these are StochRSI, DMI
- overbought and oversold levels in RSI indicates momentum
StochRSI signals Be In
the stock or Be Out
of the stock.StochRSI shows 2 indications: strength & overbought/oversold, because it graphs like an oscillator. DMI
- price direction / ADX
strength indicates trend
ADXis non-directional; it registers trend strength whether price is trending up or down.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
- A/D strength divided by volume = pressure indicates volume
CMF is a volume indication good for pressure expected when a move starts.CMF shows pressure. 0 is zero + positive, – negative A decision indicator MFI
- While StochRSI signals Be In
the stock or Be Out
of the stock. MFI signals Get In
or Get Out
It has a different focus then OBV, Acc/Dist, or CMF. While being in the volume group, because it uses volume in it's formula. It is mainly used for decision making, rather then support. The support indicators
TOTHE's charting compilation for investor sentiment:
I use the three indicators below to track the sentiment of the different sectors of investors in a stock, their actions on the chart coincide with the actions within these three different sectors of investors/traders:
First... On Balance Volume
is the one that tracks insider and registered shareholder money going in and out of the stock, the OBV indicator will go down when different SEC forms are filed showing distribution by insiders (yes, it that “D” in that box on form 4}. Example using the 20 day moving average filter: OBV (EMA 20) trend line up indicates no dilution. Daily spikes of the OBV indicator show settled & unsettled shares, shorting & covering while riding on the MA 14 filter.
Second ... Accumulation/Distribution
tracks the individual retail shareholder. many times Accum/Dist will go up while the PPS of a stock is going lower and lower; also while the PPS is going lower, investors on the message board for the stock, will be talking about buying, and how many shares they hold.
Thirdly... Chaikin Oscillator
controls the PPS more than the other two.... the PPS will tank when this indicator goes down, even if OBV and Accum/Dist are going up, this fact alone makes know this indicator tracks "the shares" that rule the stock (MMs in other words). OBV, and Accum/Dist can be going up, but until ChiOsc goes up the PPS will stay lower, or continue going down..... ChiOsc can go up before the PPS goes up, indicating that MMs are accumulating before a run. Now that the shorting rule has changed to allow shorting on the way down, they can cover on the way down, this also makes it easier for them to short a stock into the ground. http://www.examiner.com/finance-examiner-in-national/tomorrow-begins-new-market-rules-for-short-sellers
Note on BB's that I have found after much observation:
The bottom Bollinger Band isn't used to detect shorting, it is a percentage indicator of the PPS movement. The bottom Bollinger will go down fast when a stock has a low beta and makes a significant move. MMs will usually keep the "close of the day" in a tight range to bring the Bottom B Band up to the PPS area before taking the PPS up. A good book to read for Bollinger Bands is "Bollinger on Bollinger Bands" by Bollinger.
= Insiders, big share holder investors(institutional, etc. and Registered shareholders, that is; individual shareholders with more than 5% holdings in the company. Accum/Dist
= over the counter individual Retail shareholders with less than 5% of the company stock. ChiOsc
= those who control the stock PPS and chart actions, that being MMs. Try to think of the various MM shops as computer driven algorithms which in reality what they are. This paradigm change in perception may cause trauma to newbie swing-traders who still believe in Santa Claus and that MMs are live people.
These three technical indicators have explanations on StockCharts.com and other places, that tell what they do technically, but they also work to track the buy/sell sentiment of the different sectors of shareholders The Four Dilution Over Indicators
Watch for OBV, CHiOsc, MFI
all turning up together... with less weight to Accum/Dist. & more weight to ChiOsc & MFI turning up together.