PHI Group Inc (PHIL): The OBV is not indicative of heavy or si...

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Re: nwsun post# 12911

Friday, 04/20/2018 10:43:03 PM

Friday, April 20, 2018 10:43:03 PM

The OBV is not indicative of heavy or significant dilution either. Looks at the two slight dips in the OBV... they occur around two key events: the end of March/early April when the ICO did not occur and this past week around the two tweets from PHIL. To me those two events convey retail frustration and therefore tiredness capitulation. Then look at the chart and you see the effect.

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