Replies to post #30085 on MATRIX Penny Stocks

[shmolton]

Good Morning Omni...
...I know very little TA but I would like to start learning, so bare with me if my questions seem ignorant. How do you get the trend lines on the OBV? It appears that you are drawing a straight line conecting all of the bottoms, but on the MDPA chart, when the stock started moving up more rapidly, you started a new trend line. Why did you start a new trend line and not continue the previous one? Is it arbitrary or do you base the change on time periods or price movement?

TIA

[been there]

omnitrader.. thanks 4 that obv info.

[~ Susan ~]

Great "seminar". Leaves a person feeling pumped (as seminars) do and ready to scour the charts eager to put into action new found knowledge. And the more practice the better. Thanks Omni.

[glassy]

OMNI, THANKS for the OBV school- you make it really clear. I have been sharing some of the info from this board to another and am encouraging them to "relocate" to I HUB. Fantastic site and board. I have learned mucho since joining and am still hard at it. Appreciate all that is offered here- thanks!
Glass

[~ Susan ~]

Omni quick question about time frame.
When using Big Charts I have noticed that the OBV shows up different for different time frames on some charts at different sizes. Some tickers show no difference others do. Here are 2 chart examples from Big Charts. These are on the large setting. The OBV seems different on each. (2yr chart shows just below 0.5 & 1yr shows above 0.50). Am I missing something or is this a software bug?

[clouser]

Omni.... Thanx for the seminar. Question please: Is there
an optimum time interval for the OBV to be the most effective ?
Eg; 1 Day, 1 Month, 6 Months.

And does the frequency change with the MDA; 5, 10, 20. ? Seems most charts posted use the 20MDA along with the OBV.

Thanx. This is great....

[hotstockmaker]

Omni: Another great indicator shared....Thank you mate. Cheers.

[DCschmoeka]

Omni - excellent post as always! Many thanks! eom

[lollybella]

omnitrader, i'm new to this chart reading; 2 questions:
on BIPH, what does 50 % rule mean?
on IBZT, does your analysis look like it moves higher? If so, please explain? Thanks so much.

[barchart bar stool]

great examples-BIPH has to hold 50% to confirm rally.This stock appears so overbought I am afraid to touch it.

[Pamola1]

Omni

With regard to your OBV post 30076, and the BIPH chart. I'd really appreciate your comments again. This one is just blowing me away!
Thanks
Pam