Audience, Inc (ADNC)

[pj McMulligan]

The ADNC chart is a perfect illustration of a "pincher" chart formation. Take a look at the indicators placed over the top of the ADX directional movement lines on the below charts. The expansion, or pealing-away that occurs following the ADX line squeezing in tighter (pinching) to the indicators above predictably result in pps rises. :) For more info on pincher type chart patterns and how to scan for them, check out the House of Pinchers board here: http://investorshub.advfn.com/%22House-of-Pinchers%22-9737/ GL and happy trading!