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hogfan2

06/12/11 2:45 PM

#1762 RE: Majobuki #1761

Majobuki...for some reason when I post a chart that ACC line drops off of the chart...but if you go to stockcharts and plug in the accumulation /distribution line into the graph you will see that CHRI has a very positive Acc line in divergence from the price...I'm no chartist by anyone's definition but there is positive divergence occurring... accumulation is occurring with this stock regardless of the current price in my opinion.... here is a link and there are others that explain this one piece of the puzzle....hog

http://stockcharts.com/h-sc/ui
http://www.investopedia.com/terms/a/accumulationdistribution.asp
http://www.my10000dollars.com/accumulation-distribution-divergence/