AI
Thursday, October 05, 2023 2:58:09 PM
15dy 60min chart~~~ ChiOsc our trend change indicator is tracking above zero. We have a nice snapshot of the September 20 walk down and resulting consolidation. PPS is at -20% from September 20 high because of low volume bargain hunting by bid sitting buyers (the accumulation squat??).
~~~ With the September 20 two million dump OBV took a "distribution dip" but recovered with no divergence from AccumDist.... this is good news for our forward momentum.
https://school.stockcharts.com/doku.php?id=technical_indicators:on_balance_volume_obv
https://school.stockcharts.com/doku.php?id=technical_indicators:chaikin_oscillator
https://stockcharts.com/h-sc/ui?s=GDVM&p=60&yr=0&mn=0&dy=15&id=p24986097784&listNum=23&a=1113701411
~~~ With the September 20 two million dump OBV took a "distribution dip" but recovered with no divergence from AccumDist.... this is good news for our forward momentum.
https://school.stockcharts.com/doku.php?id=technical_indicators:on_balance_volume_obv
https://school.stockcharts.com/doku.php?id=technical_indicators:chaikin_oscillator
https://stockcharts.com/h-sc/ui?s=GDVM&p=60&yr=0&mn=0&dy=15&id=p24986097784&listNum=23&a=1113701411
