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Replies to post #8764 on lowtrade

Replies to #8764 on lowtrade
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lowtrade

09/25/07 5:18 PM

#8766 RE: Phoenix-Rising #8764

pennypusher1

The hard part is guessing what the big guys are doing! SWVC is not normal. Usually the accumulation is not as obvious. And normally the stock movement can be based on the PR cycle.

This one is NOT normal. And because of that, I had to look for a different pattern, to explain the price movement.

But finding accumulation points always helps, with all 3 leg 3 month OTC PR runs.

Normally I see that accumulation in the strong CMF, during PPs stall and confirm the guess, with the parallel up/down lines in the 3 day aroon. This one is out right major block accumulation. And lacks the nuances of most.