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Wildhorses

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Wildhorses

Re: XenaLives post# 33918

Thursday, 02/11/2021 4:18:02 PM

Thursday, February 11, 2021 4:18:02 PM

Post# of 64123
Xena,

"So how come the AccDis line shows accumulation, not distribution?
"

Oh, oh, pick me, pick me. Can I play? The answer is: Because institutions are buying much higher volume than they are selling. Hence your readings, the A+ rating on IBD's proprietary acc/dis score, the 1.9 up/down volume score and a continuously rising OBV. Doesn't get much better than that.

Pretty obvious to me. I think I'd be pretty positive at this point even if I was Chicken Little.

Regards,
WH

BTW, pretty decent buying the last hour.
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