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Re: lytnup post# 294822

Wednesday, 09/28/2016 10:54:23 PM

Wednesday, September 28, 2016 10:54:23 PM

Post# of 312016

And nothing speaks more directly to the fact that that particular bit of doodling has no value whatsoever.




A downtrend in prices with an uptrend in the Accumulation Distribution Line indicate underlying buying pressure (accumulation) that could foreshadow a bullish reversal in prices.




Folks can do their own research and make some determinations for themselves

GO PTOI~~

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:accumulation_distribution_line

EDIT: It occurs to me also...I read somewhere some time ago...that the LONGER this occurs...and it's been two years....The intensity and duration of the bullish event...is pretty impressive....