that chart with the "volume by price" sidebars just demonstrates how intense the money flow was this last week. there's a rock solid floor of ownership under us, and that creates a good foundation going forward. it sets the stage for a steady climb in price, day by day, with some good churning all the way up. as the fundamentals continue to improve, that's how we'll be reclaiming the old highs and hanging onto our gains.
here's another version with fast and slow MFI at the top. reference friday's values with those of early october. the fact that neither indicator is pegging right now tells us we've got plenty more upside from here imo.
Money flow $1.131M for Friday, value players were accumulating below .40 when the news broke, then traders and more value players jumped in when the numbers on the PR jumped out. The numbers on the PR " made a click", a much clearer picture of projected EPS, EBTDA and revenues for the next 4 quarters. Now that a higher than expected perceived value was established it resulted in a gain of PPS, a PPS that has more substance to it and one that should sustain higher levels. OBV up 2.44M shares for Friday means no share dilution for the day at least, but for the strangest reason it is equal to the board value. What I am looking for is if the OBV dilution signal stopped now for good and will a twenty day OBV moving average (MA20) start ascending. The stock is still oversold under RSI 50 so the bargain window is still open.
Time frame I month; lower indicators to money flow & OBV to see daily total.