Whats your point ? If you've got your blinders on and just looking at the accumulation maybe it is all rosey. Look at the volume... dude. IPRE fell on low volume due to dillution. The IPRE chart behaves exactly like a stock should due to dillution/volume/inevstor sentiment. Look at the BKMP chart MASSIVE volume but the price keeps droping... Heres a link www.stockcharts.com I suggest reading it. Also check out "Technical analysis for dummies" excelent book on T/A. BKMP behaves like a massively dilluted stock, or one whith an enormous float.
You cant use one indicator if it doesn't jive with other indicators. When several indicators tell diffrent stories you can't rely on the one that looks the best.
I am still in this stock and I do believe it will move at some point. I've been called a basher but I'm just trying to be realistic here. There are alot of newbie investors that read these boards and take what some people say as god given fact. From a fundemtal point BKMP is destined for great things. But BKMP's chart is exactly what a techincal trader shys away from. I don't want someone learning to eat the cherries without avoiding the pits.
You can't point out one thing without other indicators confirming. I'm sorry but the CMF/Money flow Does not make this chart look good .... it makes it look questionable.
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