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Re: Honeybooboo post# 15106

Friday, 06/18/2010 1:17:22 PM

Friday, June 18, 2010 1:17:22 PM

Post# of 79425
chart indicators say the spike was on selling volume, as versus buying pressure.

ChiOsc, OBV, Accum/Dist and all the Sto's turned down that day, not up. someone dumped shares.

that said, stock price seems to have stabilized and looks as though there a slow accumulator here. hard to say, though, where (or when) this will go without better volume. 8M a day is not enough to guage any kind of strength.

good luck to ALL,

rich