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tothe

10/22/19 1:44 PM

#2603 RE: tothe #2558

INQD lunch hour chart & TA~~~ Whatever dilution (see OBV indicator) tanked the PPS from August to last week has ended.
~~~ Dilution ending indicators are: OBV, ChiOsc, AccumDist and MFI all moving positive.
~~~ Today we are seeing intraday consolidation from the last two weeks .002-.005 buyers profit taking. If we close with a tall white candle along with our area gap will show outstanding liquidity for both buyers and sellers.
~~~ Area gaps last about 3 to 5 days, after that we should be in a primary up-trend awaiting whatever catalyst started last week's 6M share spurt of investor (or Insider) sentiment.

* Read area gap~~~ but we may working on the breakaway or exhaustion gap today.. the day isn't over yet. ;-)
http://thepatternsite.com/gaps.html






http://stockcharts.com/c-sc/sc?s=INQD&p=D&yr=0&mn=6&dy=0&i=p29616462813&a=550545198&r=1514733427921