Relm Holdings Inc. (RELM)

[Ken B]

Notice the Accum/Dist line in our chart we have a multi-month positive divergence Feb-Mar-April which gives us a bullish signal and deserves serious attention as it says below.

Bullish Signals
A bullish signal is given when the Accumulation/Distribution Line forms a positive divergence. Be wary of
weak positive divergences that fail to make higher reaction highs or those that are relatively young. The
main issue is to identify the general trend of the Accumulation/Distribution Line. A two-week positive
divergence may be a bit suspect. However, a multi-month positive divergence deserves serious attention.

http://www.spytrdr.com/indic_AccumDistLine.pdf