would someone please hack e-bays web sight so that it permanently crashes? is that a felony to wish that? those hoe's are spamming the shite' out of me. now where was i.......oh yea, just a charting note. if you look at TRBY on a daily basis, the short term trend is sideways, which just means there has been a pause in the trend. the momo indicators have gone neutral, like the macd. but the trend indicators are still very strong. the ADX is at 54, 40 is strong. the AROON is at 80, 70 is strong and the +DI, which was falling, indicating price weakening, has flattened out, indicating price support. the other fun indicator to watch, is the bollinger bands. it's acts like a ruptured garden hose, when there is price movement. when the stock price explodes either up or down, the bands are blown apart, because it uses multiples of the stocks standard deviation price and the stocks smoothed moving average price. it doesn't tell you trends, but it does suggest overbought and over sold conditions. anyway whats so cool, is when the bands collaps, or converge, its a sign of consolidation. this usually happens at the end of the first run in an up trend or down trend,(guess which one we're in?) we are very close to the end of our sideways trading. it means the trading range is tightening, which doesn't last forever in an up trend.
secondly take a look at the WEEKLY, chart for TRBY. It's just getting started! the WEEKLY MACD, is very strong, not neutral,and the ADX line has been rising steadily and is only at 30, which indicates average strength. but the best part is this. on feb 18th, the DAILY ADX was in exactly the same position as the WEEKLY ADX, is NOW! the candlestick pattern is nearly the same as well, with multiple doji type trading days, before, kaaaaaabbboooooooooooooom! we went on to go from .03, to .115!
one last note regarding share distribution. about 60% of shares now held were bought in the .06 -.07 cent range, and about 40%, in the .10 -.12 range. that means resistance for a few days at the .14 -.16 range. after that, it's clear sailing into the .20's.
sonk
AI
