Replies to post #4865 on ALL ABOUT THE CASH

[jrod]

CLBE / Chart

Looks like you got a MOMO player here.
(RSI 14 above 70)

This is my chart for following the momo and spotting the break of momo when the move is over.

It looks like today may be the first day of the second up surge.

The price crossed above the MA 200 (long term resistance) on the 1st of July and it tested this broken MA 200 resistance as support and held.

This is a good sign.

Nice catch IMO but I have no idea how far it will continue to go.

This is what the chart below is used for and I would trade by this if I were in. (top chart is momo chart)

BTW, it looks like it is just entering the momo zone so a sustained move is very possible and because of this .20 may be very possible as well...but follow the chart because it does not lie IMO.

The second chart has the applicable indicators and looks very bullish...notice the ACC/DIS and OBV?

all JIMO