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Re: None

Thursday, 04/22/2010 3:28:03 AM

Thursday, April 22, 2010 3:28:03 AM

Post# of 9405
Chart and thought on it...
I ONLY use 1/4 of my DD on charts for making my call the rest is
plain old digging into a firm but as someone asked this is my take
on the current chart...
As we see the boli bands are getting back together to me that means that the consolidation is going very nice as there was not a huge drop in the pps that can sometimes go along with the boli bands getting back together... to me that is a healthy sigh...
We also can see the NEG and Pos trend lines hit around the .115 area so that imho can be a good place for support on the next leg up ...
Them MACD was crossed a couple of days after the CMFlow went back to green.. also very important to me is that the CMF did not go Red this go around but held in the same time line as the convergance of the trend lines...
And then I see a steady buying of the stock on the acc/dis line
with out the pps dropping that to me indicates they are not diluting the stock.. (Very good indeed) So with all this happening with out a lot of Volume it shows me that I am in a healthy stock that has the makings solid investment vrs some filp
and dump play.. Also I am seeing that any positive news can spike
this beyond the last spike back mid march.. As always this is my readings of the tea leaves take it as you will...
brwtrpilot


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