Candles, Volume, and OBV- Stay On the Right Side!

[Linus]

Hi Lucky,

Here we go again. I am skeptical about the recent price move and I am attaching a chart with my annotations.

ss

 

[Luckytrader]

Look at the direction of the line (OBV) its relationship with the security's price and volume.

I think its a change in direction. What do you say?
I may be right or wrong.

 

[Linus]

Look at the direction of the line (OBV) its relationship with the security's price and volume.

I think its a change in direction. What do you say?
I may be right or wrong.

Hi Lucky!

Yes, you got it. Go for it! Nice catch.

ATB,

ss

 

[sudoku1]

Hi guys,

I will be posting many charts in this new thread. Candles offer a good insight to what's happening and when filtered with volume and OBV, it is an excellent way to stay on the right side of the market!

Let us begin with a example of Jet Airways.

ss

:thumb:............