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Re: jbsliverer post# 82229

Saturday, 04/03/2010 8:50:10 PM

Saturday, April 03, 2010 8:50:10 PM

Post# of 111729
This is a 3 month daily showing more prominently the turning point of the upper AD line (dotted square line) and where it has made a change in the last 3 month period. The Acceleration Bands are normally used in a weekly or monthly longer term chart, but are showing a general divergence and a change in extreme price point levels in this shortened time period. One can notice that a “squeeze” has taken place and the extreme upper level has gained a lot more than the extreme lower one.

Now we can see a lot easier with this 3 month chart and take a look at the lower WilliamsAD numbers which some use as a buy or sell indicator and in this depiction shows another good dynamic of a change that has happened with this stock. A quick analysis for the WAD is this, when the pps reaches a new low for the time period taken and a new low for the WAD has not been made, it’s a buy, when there is a new high in pps and the not a higher WAD number, it’s a sell. Again this is for a longer or medium term view for me and other things are used for short term swing trading. But the numbers are this.
For the buy side:
1/19 first pps low of 0.0091 and WAD # was -0.0027
2/25 new pps low of 0.0086 and WAD # was -0.0045 = did break the WAD low, not buy
3/16 new pps low of 0.0080 and WAD # was -0.0040 = didn’t break the WAD low, buy (dynamic change)
Sell side:
Haven’t got a new pps high for the period, but only have a higher high and if you take that number the WAD # did break the previous number so not a sell.

Meaning that I might want to keep what I have and accumulate at the right price. Correlates to current low volume due to many people don’t want to sell for the going rate and want to buy more for the low rate. Not that many shares given out for the low rate, unlike three months ago in which it was reversed. “They” will have to do a scare tactic, force the price down, “shake” some shares loose from the timid so that ones with higher risk tolerances (such as myself) and the bigger money can accumulate more shares. There is some short term TA’s saying that they might do that. Watch for head fake break of triangle downward (pennant or whatever way one wants to draw two lines), short lived and true break up. Get ready with the tissues and the anti depressants, escape route, or the ear plugs and extra cash, your choice. Of course that’s only one possibility, definitely not promising, just something that might happen and very often does. Could always just go down a bit from here or just break up, but I don’t think IMO things are going to stay the same.