Centaurus Diamond Tech. Inc. (fka CTDT)

[PennyMann]

The accumulation has increased the past few days, despite the pps downtrend. MFI is simply pointing that ctdt may be oversold once 20 or less is hit (15 minute chart shows 15 MFI and 30 minute shows 31). MFI seems to be following the pps chart at this point so no unusual moves.

The OBV is negative in both 15 and 30 min chart which suggests bears are in control for pps movement. BOP is still positive though which explains the positive accumulation in all charts. BOP is a volume and pps indicator that says buy over 0 and sell under 0. Ctdt's BOP is sparsely filled so it's hard to get a true signal. Accumulation: 15 min 241k; 30 min 471k; and day 9 million.

Of course ctdt doesn't follow all the standard charting techniques. Some traders are 'painting' the closes with small share buys at higher pps to keep some volume indicators higher. DMI/ADX (14) is one if my favorite indicators and ctdt has been in sell signal since June started.