Replies to post #267710 on Hannover House Inc (HHSE)

[moviesam]

The film release this weekend may cause a move in price on Monday. HIT OR FLOP.

[pba]

nice...

the ADX itself has many fans & spawned a popular technical "set-up" commonly referred to as a, "Pincher Play" or "Pincher Set-up". It's gained popularity because it's simple to see, use, & is quite effective. And, whereas HHSE is concerned, simply judging by the TWO PREVIOUS examples in the annotated chart (below) one can SEE HOW HISTORICALLY the stock has performed for LONGS. If & when they BOUGHT using the ADX as a guide. Since in EACH INSTANCE, the price APPRECIATED.:



What makes HHSE's ADX so significant in the chart is
1. The ADX (White line) is HIGHER than ever.

2. Historically, when NEW ADX highs have been reached, the stock has CORRECTED to the UPSIDE. With substantial profits: EACH TIME.

3. There is long-term up-trending ACCUMULATION in the stock.
And, at prices much-higher than current.

4. There is NO DILUTION!! And HHSE's T.A. confirms there has NOT been any dilution in HHSE since 2015 (~3yrs ago now).

5. Both components of the ADX were recently at EXTREMA ...

6. & BOTH at HISTORIC-EXTREMA (over the entire 6yr+ range of the stock history as captured in the chart) too in fact....

As you may know, an extrema increases the probability of a return to more normative ranges.

And an HISTORIC EXTREMA makes it even MORE LIKELY.

Moreover, within the HHSE chart, 6yr+ is a long track record; providing quite a bit of data & history to rely upon. And on EACH occasion in the history of the chart where this dynamic I've been describing existed, profitable corrections occurred under the very same technical conditions.

7. The inflection points (extrema) in this case: HIGHEST-EVER Selling Pressure.... & LOWEST-EVER Buying Pressure... aren't sustainable. More precisely, the chart says & shows that it NEVER HAS BEEN.... & it's why corrections occur, & are so profitable to participate in.

Because any time these historic highs were reached before,... the stock CORRECTED.

I don't expect THIS TIME will be any different than the OTHER TWO TIMES the chart illustrates these .


There's more but I think you get the picture....