Why I like the dilution on $ABIO and not on $NETE - see these two charts look at the On Balance
On Balance Volume (OBV) measures buying and selling pressure
The OBV can go all the way down and then rise again when the buying pressure comes back. $NETE once they stop diluting the buying pressure can come back and be a bigger returner than ABIO in the same Time-period.
Look at $ABIO even during the dilution the buying pressure stayed even - now it's rising.
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts) Note 2: Please do an 8x34 chart on the stock; the 8x34 cross is the initial reversal sign of most stocks. Use the link below, just replace the ticker symbol. Post on the board when a stock crosses the 8DMA or the 34DMA and when the 8x34 cross is about to occur.
8x34 cross in the making, look at Full Sto, and CMF indicators. just replace the ticker with your TICKER