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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,674.00
(
0.16%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.00
(
-0.38%
)
Bitcoin
55,218.36
(
-3.09%
)
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poolecw

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poolecw

Re: wallas2g1 post# 5854

Wednesday, 05/02/2012 10:03:56 AM

Wednesday, May 02, 2012 10:03:56 AM

Post# of 7742
Like I said, I don't trust TA with this stock or with most pennies. However, if I were to intepret it, history shows that there is roughly one month of squeezing before a pop. But anyone that has been keeping up with this stock will know that the pops will correlate to PR's that are issued.

The most important thing that I see from this chart is that the A/D line is steadily increasing...meaning that more people are buying than are selling.
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