Ultrack Systems Inc (MJLB)

[VST7]

Think-or-Swim chart below showing Pincher play;

You can see the PPO-ADX Pinching better on this chart than the Stockcharts chart, the classic Pincher is PPO/ADX +20/-40 with oversold RSI/Williams...

BUT those numbers do NOT always have to be reached-Exactly for a massive bounce play to occur, they can be Very Close and still see the effect of the Pinch, seen it happen countless times...

Double click chart to enlarge;