MSB Global Capital Corp. (MSBM)

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Posted by: lowtrade
In reply to: euromiljoen who wrote msg# 6003 Date:4/13/2007 6:30:30 PM
Post #of 6020


RSDS

http://stockcharts.com/h-sc/ui?s=rsds&p=D&yr=0&mn=3&dy=0&id=p90633317065

Well seems like my earlyer guesses were correct. Someone is manipulating this one. Print the chart while reading to follow my thoughts.

Look at the past 3 days, volume after the run. 1st day reduction normal for end of run, day 2 less then 1/2 the days befores volume, saying no support for price decline, day 3 strong volume again, BUT NO price increase.

Now trace the CMF buy/sell presure. Sell presure falls with price increase is normal, but sell pressure increasing without price decline, tells me someone is capping the ask and accumulating for a continuation.

Todays no price change with strong volume and strong increase in CMF sell pressure is a conflict!!! And the dead give away something off color is happening.

Standing back, out of the herd & PR story, I'd say the big guys are about to start leg 2 next week. Keep an eye on the volumes to gauge the amount of shares the big guys need to accumulate for the next release of the stock run.

That may help with future guessing of how long a stall accumulation will last, in the future. I use this just like the run/retrace pattern for timing an expected move.

Just like using the PR cycle, the run/retrace & guessed at big guy volume accumulation, can help with you watching a stock close at the correct time and having on the back burner the rest of the time.

Looking at the ADX path, I'd expect the move to start Tues/Wens with a target of second resistance around, .0038 but not enter until the .0023 resistance is broken, with the ADX cross of the DMI-.

Luck!