InvestorsHub Logo

surfkast

09/03/19 10:36 PM

#50614 RE: Daddyy #50613

The Accumulation Distribution Line shows money flowing into or out of a security. As the chart shows, the Accumulation Distribution Line is on a downtrend which is confirmed by the Chaikin Money flow which shows money flowing out. That is why the PPS is tanking so badly. For further confirmation, one can look at the historical summary and prices. The stock is down 60% over the past month. Buying/accumulation would move the PPS higher, not lower.

https://ih.advfn.com/stock-market/USOTC/bangi-inc-BNGI/historical

Here is a great website on charting I have been using for many, many years.

https://school.stockcharts.com/doku.php