RespireRx Pharmaceuticals Inc (RSPI)

[anyoneofus]

bc,
Re:TA

I agree with the price/volume theory. But, consider this; if COR volume averages let's say 50,000 every day for three months money flow and every other formula works. It's what is relative. I can break my TA over segments of time; day,week, month, months, years. Currently, COR has been trading with light volume. Therefore, my judgment of money flow is correct because the volume has been relatively constant and I show accumulation. Granted momentum is flat with little direction but, supply appears to be constantly absorbed at stable prices.

My bet is any inkling of good news will pop the stock northward. Someone is playing Sponge Bob and is sucking up offerings. Note if 5,000 is bid at .175 with an offering at .185 (example) and the bid gets hit, watch 5,000 to buy at .175 reappear. That's on the sponge side. If an anxious buyer steps in and takes offerings at some time the supply side will be gone. I suspect this event to happen soon!

anyoneofus