Thursday, March 15, 2012 1:25:11 PM
Interesting chart right now. Accum continues to be long trending healthy and strong. MACD has crossed to positive but is on virtually no volume so is highly suspect. RSI has also turned positive but the weak volume is again the issue, don't believe it. The heavy sales and downward pressure from weeks of a huge Ask always sitting just above the bid is missing the last couple of days. It looks like several bid sitters just waiting for the impatient to drop them some shares. Definitely on watch.
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.
