AI
Sunday, April 30, 2023 10:44:23 PM
@Mrlahey1.&. govprs...GDVM chart~~~ No I have not seen this AccumDist and OBV behave in conjunction like this with both diverging positive (dilution always tanks OBV). So here is what has happened.
* After February 24 no trader in his right mind was going to hang around 90 days for FINRA.
* As traders sell the buyers move in forcing an consolidation range with -67% retracement low as support.
* Some Traders from December-January may be selling now to keep the ongoing consolidation interesting (read manipulation) however enthusiastic buyers keep popping up after their bi-weekly paychecks get deposited.
* As long as OBV and AccumDist goes up it is like putting money in a bank with inflation beating interest. All the PPS and CMF's reflect are normal deposits and withdrawals during consolidation. Note how the Speculative Run-up and Speculative Dump caused minimal perturbations on two prime indicators... only in the OTC can we get earthquakes like this and where Longs have to wear hardhats.
https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=6&dy=0&id=p24986097784&listNum=23&a=1113701411
* After February 24 no trader in his right mind was going to hang around 90 days for FINRA.
* As traders sell the buyers move in forcing an consolidation range with -67% retracement low as support.
* Some Traders from December-January may be selling now to keep the ongoing consolidation interesting (read manipulation) however enthusiastic buyers keep popping up after their bi-weekly paychecks get deposited.
* As long as OBV and AccumDist goes up it is like putting money in a bank with inflation beating interest. All the PPS and CMF's reflect are normal deposits and withdrawals during consolidation. Note how the Speculative Run-up and Speculative Dump caused minimal perturbations on two prime indicators... only in the OTC can we get earthquakes like this and where Longs have to wear hardhats.
https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=6&dy=0&id=p24986097784&listNum=23&a=1113701411
