InvestorsHub Logo
Followers 743
Posts 61848
Boards Moderated 10
Alias Born 10/05/2009

Re: donmasta84 post# 948

Wednesday, 07/06/2011 1:04:34 AM

Wednesday, July 06, 2011 1:04:34 AM

Post# of 1755
If you people would learn basic charts, and indicators like the MACD, you would have seen a huge divergence showing the MACD making lower highs, while the price made higher highs, and the MACD made lower lows, while the price made higher lows, all sure fire indicators of smart money distributing to dumb money, all the last 3-4 month long term view.

And if you look at the MACD and price plots on MNLU, you will see the opposite, the MACD has been rising for 2-3 months on MNLU as the price dropped, showing a divergence, which implies that smart money was buying, accumulating, MNLU as it got cheaper, and selling DUNR the last 4-6 weeks.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.