InvestorsHub Logo
Followers 2090
Posts 61313
Boards Moderated 4
Alias Born 11/08/2009

Re: RHJ~BT post# 10103

Tuesday, 04/06/2010 2:18:41 PM

Tuesday, April 06, 2010 2:18:41 PM

Post# of 64330
VERY STRONG ON THE ONE MONTH CHART INDEED$$$.....ON stockcharts.com put in these indicators on a 2 month chart....Wilder's DMI, Chaikin Oscilator & Chaikin Money Flow.....for the 3 overlays put in Bollinger Bands, Parabolic SAR & MA Envelopes.......the DMI: shows buying pressure (the green line) is higher than selling pressure (the red line)....this shows the bulls are in control......now the Chaikin Money Flow: this shows money has been flowing into CCTC since the 29th.....we are near the levels of the initial big move to 0.42......Chaikin Oscilator: this shows we're at our highest in flow of money since the big run and that we've been positive since the 29th...look at the move from the 23rd of FEB......went from negative 12.5 million to positive 4.5 million...sweet$$$.......now for the overlays......Bollinger Bands: lower band is 0.105, middle band is 0.139 & upper band is 0.173......we hit 0.172 today.....that's right at the upper end of the bollinger band.....which is a buy signal and if we break above it that's a major buy signal imo......(lower bb is a sell signal & upper bb is a buy signal, for future reference).......now the Parabolic SAR: this indicator uses dots for buy and sell signals....it works like this: a dot above is a sell signal and a dot below is a buy signal.....right now the SAR is @ 0.185.....on the 14th it was @ 0.425.....look how far its come down and how close it is to a buy signal.....funny how 18 is major resistance and that's right about where the SAR is now.....in the next session or 2 this should turn into a BUY signal w/ the dots below the candle......watch this closely.....many traders use this indicator and trade by it religously......when it turns into a buy signal it will get noticed$$$......finally we have the MA envelope.....the moving average envelope is between 0.136 & 0.143.....we are above the MA envelope and this is a buy signal.....I've got alot more....this is only 6 of the 20+ I use for analysis......I could go on for days, but you get my point......today's share price doesn't reflect the underlying action in the stock.....we're going to go higher IMO......patience will prevail$$$