Saddle Ranch Media Inc (SRMX)

[Daddy Rick]

Saddle Ranch Media Inc (SRMX): Wary Investors Should Take Note of the Twiggs Money Flow Reading

September 22, 2019 3:03 am by Gazette Staff

Saddle Ranch Media Inc (SRMX) shares under being placed under the lens today as the Twiggs Money Flow indicator, or TMF has climbed above the zero line, indicating bullish momentum. Twiggs Money Flow Index is a technical indicator created by Collin Twiggs. It is derived from Chaikin Money Flow Index but uses true ranges instead of highs minus lows to prevent spikes due to gaps. It is also using a smoothing exponential moving average to prevent volume spikes to alter results. The exponential moving average is the one described by Welles Wilder for many of his indicators.

When Twiggs Money Flow Index moves above 0, players are accumulating and thus prices are subject to climb higher. When Twiggs Money Flow Index is below 0, players are distributing and prices are more subject to move lower. Divergences of Twiggs Money Flow Index indicator with prices give also solid signals.....
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https://gracemontgazette.com/2019/09/22/saddle-ranch-media-inc-srmx-wary-investors-should-take-note-of-the-twiggs-money-flow-reading/