CMG Holdings Group Inc (CMGO)

[StockScout1]

$CMGO-CHART-TRADES-SHORT RPT-ACCUMULATION-COMMENTS
ACCUMULATION SET NEW ALL TIME HIGH, AGAIN! 2/7/2013-79,638,472 Volume 250,000
The charts say we should be able to move higher but due to small volume we can't because flippers/day traders are taking their profits from .006 entry point. The pivot point is .0093 and traders continue to test support at .0087 while resistance is at .0107. IMO there are some other things going on at the same time besides this profit taking. In any event were not going anywhere until these guys are done. So that means absorbing these shares anyway we can until another support level is reached.
ACCUMULATION HISTORY: 2013
NOTE: ALL DAYS INCLUSIVE OF 9/07/2012 10-Q
Lowest accumulation date to date: 9/26/2012 70,208,328-Today 79,638,472 HIGH Y-T-D 79,638,472
12/27-76,578,576 Volume 636,100 UP 212,032 w/T-trade of 177,000@.0098
12/28-76,680,264 Volume 119,994 UP 101,688 Trading 3-5DMA, Above 20DMA
12/31-76,823,856 Volume 153,780 UP 143,592 Above 20 DMA
01/02-76,518,780 Volume 862,343 Down 295,076 w/T-trade 299,231@.0079
01/03-76,500,838 Volume 1,702,500 Down 17,942 w/T-trade 780,200@.0078
01/04-75,433,427 Volume 1,071,600 Down 1,067,411 Above 20 DMA
01/07-75,822,380 Volume 418,000 UP 388,953
01/08-75,822,380 Volume 2,399,276 T-Trade 1,129,991 EVEN-ABOVE 20 DMA
01/09-75,535,352 Volume 362,124 DOWN 287,028 ABOVE 20 DMA
01/10-75,783,140 Volume 308,343 UP 247,788 At 20 DMA
01/11-76,092,693 Volume 310,800 UP 309,553 Above 20 DMA
01/14-76,106,200 Volume 20,000 UP 13,507 Above 20 DMA
01/15-76,106,200 Volume 112,200 EVEN -0- Above 20 DMA
01/16-75,807,145 Volume 299,242 DOWN 299,055 AT 20 DMA
01/17-76,051,368 Volume 239,474 UP 244,223 Above 20 DMA
01/18-76,096,077 Volume 205,550 UP 44,709 100K Above 20 DMA
01/22-76,213,592 Volume 269,000 UP 117,515 Above 20 DMA
01/23-76,158,813 Volume 112,800 Down 54,779 At 20 DMA
01/24-76,460,416 Volume 336,400 UP 300,603 Above 20 DMA
01/25-77,044,384 Volume 973,276 UP 583,968 Above 20 DMA
01/28-76,788,074 Volume 1,298,880 Down 256,310 Above 20 DMA
01/29-77,572,128 Volume 787,521 UP 784,054 Above 20 DMA
01/30-77,895,392 Volume 522,200 UP 323,264 Above 20 DMA
01/31-78,466,672 Volume 571,280 UP 571,280 Above 20 DMA
02/01-78,859,296 Volume 342,621 UP 392,624 Above 20 DMA
02/04-79,249,296 Volume 390,000 UP 390,000 Above 20 DMA
02/05-79,249,296 Volume 168,634 FLAT -0- Above 20 DMA
02/06-79,413,849 Volume 164,549 UP 164,153 Above 20 DMA
02/07-79,638,472 Volume 250,000 UP 224,623 Above 20 DMA

http://stockcharts.com/h-sc/ui?s=CMGO&p=D&yr=0&mn=6&dy=0&id=p68854957938


http://otcshortreport.com/cmgo