InvestorsHub Logo
Post# of 47295
Next 10
Followers 1649
Posts 18274
Boards Moderated 1
Alias Born 11/10/2004

Re: Phoenix-Rising post# 8764

Tuesday, 09/25/2007 5:18:38 PM

Tuesday, September 25, 2007 5:18:38 PM

Post# of 47295
pennypusher1

The hard part is guessing what the big guys are doing! SWVC is not normal. Usually the accumulation is not as obvious. And normally the stock movement can be based on the PR cycle.

This one is NOT normal. And because of that, I had to look for a different pattern, to explain the price movement.

But finding accumulation points always helps, with all 3 leg 3 month OTC PR runs.

Normally I see that accumulation in the strong CMF, during PPs stall and confirm the guess, with the parallel up/down lines in the 3 day aroon. This one is out right major block accumulation. And lacks the nuances of most.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.