Replies to post #139929 on Winning Brands Corporation (WNBD)

[catfish6012]

Amen to that, I am going to suck up as many shares as I can in the low 6's and 5's and wont be giving them back very cheap.

[wadirum1]

Yes, the pincher is formed. Maybe someone with knowledge of posting charts can plot out the PPO over the ADX on a 3-month daily chart. Also, toss in the TRIX (3,3) and Williams %R indicators.

The ADX is rising rapidly upward to "pinch" with the declining PPO.

Usually, a pure chartist will wait for the PPO to curl upwards, the green line of ADX to curl up, the TRIX(3,3) to curl up, and the Williams %R to curl up. So, by these measures there is just a bit more pain ahead.

But I believe ALL of these indicators will form nicely tomorrow intra-day.

Ideally, if someone can post a dynamic chart that folks could check, that would be sweet.

IMO, when this forms and you sense a bottom, you buy like crazy.

Wadi