Replies to post #62091 on Sulja Bros. Building Supplies, Ltd (SLJB)

[fringe_remnant]

Weekly Chart

I leave the commentary up to others.

[chart_md]

Fringe...
OBV, Accumulation, ChiOSC and CMF are USELESS in penny stocks..if you want we can take some major OTCBB runners, that had all those indicators in the negative before their massive runs...I'm game if you are :)...

Those indicators are "down" because of all the red candles that are painted on purpose - guess what - all those red candles - packed in really tight, and they still can't drag the stock down to 0.04 or 0.03, which is where we should be if your theories were correct.

MACD is trending down but it is above 0, if SLJB was "crashing" the MACD would have dived down, and not come down at a gentle 20 degree slope.

Ascending triangles are great and we could easily be in the early stages of one with upper resistance at 0.10 (two data points) and rising support at 5.3, 6.2, 6.5 cents...

I post my opinion that this is a good level to buy..you however post unproven BS about dilution, that's why you're getting a LOT more hatemail than me ;).

[The_Free_Nebula]

fringe_remnant - your reading of the charts are too biased. You are trying too hard to prove a point. Many folks know that many of the indicators are pointing down. But you fail to mention that the stock price has been holding pretty strong for all the "indications" to the contrary that would put a so-called avg pink in the toilet.

The glass half full view say that the indicators are so relaxed that when they meet the findamental due out between the 14th and 19th this thing could run hot for a good long while. Lots of information is stacked up waiting on that realization of legitimacy... I call it the meeting of TA and FA making for an explosive combination. I would not be on the outside worrying about 1/2 penny weekly declines...

JMHO,,,

TFN