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Re: StoptheInsanity9 post# 46568

Friday, 11/17/2017 12:19:22 PM

Friday, November 17, 2017 12:19:22 PM

Post# of 94948
Hmmm...why is accumulation at an all time high?

Fact, $TXTM has traded in the same channel of .0005 to .0014 since early April 2017. During this time, the stock has been under constant accumulation, as indicated by the accumulation/distribution line's steady rise:

https://www.investopedia.com/terms/a/accumulationdistribution.asp

Accumulation/distribution is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally "accumulating," or buying, or "distributing," or selling, a certain stock by identifying divergences between stock price and volume flow.


Here is the proof:

https://www.barchart.com/shared-chart/TXTM?chart_url=https:%2F%2Fs3.amazonaws.com%2Fbarchart-php-www-media%2F1510938145_383716164.png&page_url=%2Fstocks%2Fquotes%2FTXTM%2Finteractive-chart%3Fid%3D333862