Replies to post #1628 on Chelsea Oil and Gas Ltd. (fka COGLF)

[investorpaul]

I never really used the OBV in my charts, thanks for pointing out the distribution. I think the buyall chart http://imgur.com/hTNPvke.png from today had a nice set up. The DPO is now back to the 0 line, which is first to indicate the end of a trend, and the green blocks are becoming shorter. I'm waiting on secondary confirmations like adx2 crossing red over green to buy puts. Also the cross confirmation on the NYSI chart does not yet indicate an end in trend bcus the DPO is still away from the 0 line. http://imgur.com/LEa1nox.png