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