BB's Stock Haven

[Edward]

Just for informational purpose-found this on the CBAi website---in the investors-- stock ticker- and is on the right side of the page.

Cord Blood America Inc (CBAI) Ending Recent Session Above Parabolic SAR
Davidson Register - 6 hours ago

Cord Blood America Inc (CBAI) Ending Recent Session Above Parabolic SAR

Shares of Cord Blood America Inc (CBAI) are on watch as they closed the most recent session above the Parabolic SAR line. The current level of the shares currently stands at 0.0031 at the time of writing.

SAR stands for stop and reverse and it is a trend following indicator, designed to identify the turning point in price action. The parabolic SAR is shown on the charts as a series of small ‘dots’ that are placed either above or below the price. When the price is trending to the upside, the dots are below the price action and when the price is trending to the downside, the dots are above the price action.

When the share price closes above the upper Parabolic SAR, a trader could interpret a buy signal. The Parabolic SAR will move from being above price to below price and the trader would cover any existing short positions and reverse direction and buy long.