Random thoughts on technical analysis

C

Czar

Guest
Ok dude you fill crude I fill Random, then we criss cross :D

I bought this bugger, looks good...

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look at the volume decline during the fall... accumulation
 
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columbus

Well-Known Member
Really do not know what prompted you to take this share.Though VERY SHORT TERM trend look bullish,the overall long term trend is bearish, moreover during last 5 days it GAINED a bit.
 

columbus

Well-Known Member
I have have shown what i see, tell me what you see...
czar,

Basically it is a low volume counter. The average volume for last 15 days is around 15k.The last two days it had volumes of 20k+,that is a positive aspect.
If you have already bought the shares ,it is good ,but buying on Monday may not be a good idea!
 
C

Czar

Guest
mostly all small stocks have low volumes or artificial high vols, only when they rally vols increase... IMO, I already have it
 

orderflow13

Well-Known Member
and also on above chart,rsi trend line,and +ve crossover showing bullish signs,but adx is so low and below both lines,uptrend will only start when adx start rising,watch out on adx no. the day it started making highs on 3 conservative days, market will start in uptrend, very good hunch buddy,
 

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