And another Cup and Handle Pattern
Can be volatile so beware/a very news dependent stock/but no worries for now/according to the media we will all be dead by Christmas
Trade safely
Stop under handle low or mid cup
Just an observation
NV is extremely low. I would imagine smart money bought this a long time ago (NV slacked off to nil at around 18 to 25 dollars)
OBV is high/Positive volume/PV is high
Positive volume represents those who buy on up days which is usually the general public
NV (negative volume represents folks who bought at the low or on down days.) NV kicked in a small amount when price was threatened at 43ish/Smart money does not buy here, but does not mean the trade is over...Just means be careful because they have already made a ton of money and will stick you with the losses at the top. If you got in this a long time ago..then you do not need to be so careful (o:
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.
Can be volatile so beware/a very news dependent stock/but no worries for now/according to the media we will all be dead by Christmas
Trade safely
Stop under handle low or mid cup
Just an observation
NV is extremely low. I would imagine smart money bought this a long time ago (NV slacked off to nil at around 18 to 25 dollars)
OBV is high/Positive volume/PV is high
Positive volume represents those who buy on up days which is usually the general public
NV (negative volume represents folks who bought at the low or on down days.) NV kicked in a small amount when price was threatened at 43ish/Smart money does not buy here, but does not mean the trade is over...Just means be careful because they have already made a ton of money and will stick you with the losses at the top. If you got in this a long time ago..then you do not need to be so careful (o:
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.
Comment:
Your chances of dying by Christmas increase if you spend Thanksgiving with your family...so be safe )o:..I plan to spend it with my family so If I am gone at Christmas time..I bid you farewell (o: