Description
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Accumulation/Distribution Line (ADL):
ADL is diverging positively by creating new highs.
Price Volume Trend (PVT):
PVT is also diverging positively, creating new highs.
Strong Accumulation:
The divergence in both ADL and PVT indicates a strong accumulation of shares, where buyers are active, and money is flowing into the security.
If OBV is diverging positively while the price may not be making new highs, it may suggest there's strong buying interest.
Positive Divergence:
The Chaikin Oscillator is diverging positively, creating new highs while the price may not be making new highs.
The VP has alot of volume at that price for support
The Ichimoku cloud recently twisted the Span A above Span B