Replies to post #2116 on NovAccess Global Inc (XSNX)

[tothe]

ioniee, you have something bad going on here, possibly float dilution as restricted shares come due or dilution of the OS. Any time OBV tanks and descends with +$8M money flow I would avoid the stock. I would re-accumulate ONLY after OBV starts ascending on a 20 day MA regardless of the slope of money flow. However since you are in it, hold, there is intense smartmoney flow in...possibly a 2008 recession hedge in play.

Use 6 month time frame
http://eresearch.fidelity.com/eresearch/goto/evaluate/chart/chartAdvanced.jhtml?destination=%2Feresearch%2Fgoto%2Fevaluate%2Fchart%2FchartAdvanced.jhtml&symbols=xsnx

You could wait for the SAR crossover..... or wait MA(62) on the PPS which it already has.......


SAR????
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar

[tothe]

Thats a great chart, ioniee, but it is a chart that only a flipper could know and love...a long would toss it out as an ugly baby. :))