Green Oasis (GRNO)

[MinnieM]

GRNO chart.... Accumulation/Distribution line looking great! ;)

Trend-Spotting With The Accumulation/Distribution Line

The accumulation/distribution line was created by Marc Chaikin to determine the flow of money into or out of a security. It should not be confused with the advance/decline line. While their initials might be the same, these are entirely different indicators, and their uses are different as well. Whereas the advance/decline line can provide insight into market movements, the accumulation/distribution line is of use to traders looking to measure buy/sell pressure on a security or confirm the strength of a trend. Read on to learn how to use accumulation/distribution to analyze a security. (Read more about Marc Chaikin in Discovering Keltner Channels And The Chaikin Oscillator.)

http://www.investopedia.com/articles/trading/08/accumulation-distribution-line.asp






In Reply To 'slystock'

Please explain what an Accum line is. I looked on stock charts but dont know how to interpret it. Tia sly