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Replies to post #267657 on Hannover House Inc (HHSE)
T.A. info & other chart-related PM-questions:
(Click to expand)
1. The horizontal RED dotted-lines in the ADX, show the HIGHS in the Selling Pressure over the 6+ year old chart.
2. The Accum/Dist technical-indicator is a visual representation of the Accumulation (Buying, "holding"), of a stock versus the Distribution (Selling, "releasing") of stock back into the market.
Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
3. The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Quote:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
https://www.otcmarkets.com/stock/HHSE/security
4. The FACT that HHSE hasn't DILUTED (distributed shares, usually at a "discount to market"), & committed NOT TO since 2015, means that the stock is more likely to trade based upon supply & demand. And since HHSE has NOT added any supply in ~3yrs; they have NOT devalued shareholders' capital investment.
5. The horizontal GREEN dotted-line, in the HHSE ADX Chart, shows the historic lows across the 6yr+ time-frame. What I tried to point out graphically here, is that the BP (Green line ADX denoting BUYING PRESSURE) is at a HISTORIC LOW. Meaning, that as of yesterday, the BP has never been lower. And it also means there's far more upside room than there is further downside room.
Furthermore, that's why the ADX line (White) shows the TREND at a HISTORIC HIGH. Meaning that the STRENGTH of this current TREND has NEVER BEEN HIGHER.
6. Finally, soas NOT to be confusing: Chartists & Technical Analysts look at these "inflection points", extremes in "divergence", &/or "conditions" because TRENDS REVERSE. Meaning, the low BP & high SP, are LESS LIKELY (probability-wise) to continue along this path & are therefore MORE LIKELY to reverse.
Which could present a profitable BUYING OPPORTUNITY for those so inclined. And, HISTORICALLY, the chart bears out this theory. Simply by looking at the chart history. Since, in the past, whenever the ADX (White line) was at a HISTORIC HIGH, the price CORRECTED,... & the stock saw an INCREASE in the share price.
So that's why I pointed it out. Here is the chart again for reference:
“Getting Grace” OPENS in Theaters Friday, March 23rd
The Transfer Agent on HHSE is listed below. "Ungagged" means HHSE's T.A. has been INSTRUCTED by the COMPANY (HHSE) to give their share structure out; to whoever asks for it. For self-verification:
Quote:
Standard Registrar and Transfer Co., Inc.
Transfer Agent
440 East 400 South
Suite 200
Salt Lake City, UT 84111
801-571-8844
https://www.otcmarkets.com/stock/HHSE/security
4. The FACT that HHSE hasn't DILUTED (distributed shares, usually at a "discount to market"), & committed NOT TO since 2015, means that the stock is more likely to trade based upon supply & demand. And since HHSE has NOT added any supply in ~3yrs; they have NOT devalued shareholders' capital investment.
Anyone can see HHSE has been accumulated with an uptrend (up-sloping trend-line) over a WIDE RANGE of prices (that's important), across the ENTIRE 6yr+ history of the chart. What makes the ACCUMULATION over a price range important is that IT SHOWS HHSE having been BOUGHT at HIGHER PRICES TOO,... & the trend REMAINS to ACCUMULATE (BUY & HOLD) rather than distribute (Sell & liquidate).
