FrankSpeech Network Inc (INCTD)

[QuickTrade]

Let me add to the Perfect Storm:

#1. Money Flow: The stock was going up even while the money flow was red. Now it has turned green which indicates further buying power and money coming into the stock. Usually the stock follows the money flow. Take a look at the red getting less and less. Now we're in the GREEEEN!


#2. Accumulation/Distribution Line:
The Accumulation/Distribution Line is good means to measure the volume force behind a move.

~ As a volume indicator, the Accumulation/Distribution Line will help to determine if the volume in a security is increasing on the advances or declines.

~ It can be used to gauge the general flow of money. An uptrend indicates that buying pressure is prevailing, and a downtrend indicates that selling pressure is prevailing.


#3. CandleSticks: The last 2 candlesticks formed a Bullish pattern called Bullish Engulfing. It's when a white candlestick engulfs the last candlestick which should be red.
Usually its a reversal sign when a stock has been in a downtrend and then forms this bullish reversal pattern. But if it happens during an uptrend, it simply means CONTINUATION! We had a small sell off Thursday, then all of a sudden it engulfs that candlestick, signifying uptrend continuation.