bnh

bnh

How's this for an interesting chart! In the three days before earnings announcement there are buys every 2 hrs keeping this stock moving slow and steady upward. Look at all the green blocks in the CoCo Bars indicator.. they are all price moving more than the market. Some bigger volume is coming in starting mid-day Monday. I'm in this one, we'll see what...

bnh

BAC bouncing up and down 6% since December, but look at all the RED pressure in my Volume Pressure indicator below. That means the price moves down on far less volume than when it moves up. This is a new indicator and I haven't seen this behavior before, but from a pure technical perspective this would be a major BEAR, right? Stay tuned! :) Good...

bnh

I use my CoCo Volume Indicator here to show independent volume action on this stock. The volume used on the first arrow uptrend was sold off at the second arrow downtrend. Now look at all that volume going into the uptrend at the third arrow... that volume hasn't left the building yet... a good place for a buy at the first sign of breaking up from the wedge!

bnh

What's your take on this stock... volume ramping up at the end of long run up since January. Indecision before the fall or increased anticipation of an upward move? Interested in your thoughts! Good trading! Brian Hershey

bnh

Click on the 1 minute chart below in the comments!. During a big run down, CoCoBars nibbled a couple times around 10:10. Around 10:40 is when it hits on all cylinders, you got CoCoVol showing a large jump in independent volume, CoCoBars showing dark green independent price moves up and the CoCo Trend colors at the bottom turning from red to green. At 11:26 is...

bnh

One of my indicators uncovered a little treasure today. Hershey's CoCo Volume isolates your symbol volume from another symbol. Here a US equity is compared to the US SPY index. Look at the three gray bars pointed out with arrows. They show an identical volume percent difference on three occasions. I propose this is SMART MONEY catching this price run! This is...

bnh

It's crazy how much green is in this chart... ignored the losses from today, like they never showed up to the boring party and had a blast all by themselves! This looks ready to climb up the right side of yet another bounce, and may just skip the stone up to major resistance line around $26 within a couple weeks.

bnh

This latest downward channel on dropping volume for the last week has caused me to cut my trailing stop on MA by half. It is currently bouncing with lower lows each day. If it takes a turn for a new low at 109 I'm OUT, but if it makes a move to round up to 110 one more time I'll stay.

bnh

Materials and Finance both started the week flat, moved up for a couple days, then remained steady on Friday while the US and World markets were down. If the US and World indexes are up next week I expect much from these two! Real Estate and Consumer Staples (Non-Cyclical) were the clear Sector losers taking back all the gains they made early in the week to...

bnh

Finance and Industrial looking BEAR lately! Going down more than the market since mid December, 5-6% more to drop until next support levels from late November. ******************** Hershey's CoCo Indicator details: Very Bull = Blue Arrow = Sector and Market prices are up, Sector price up more Bull = Green Arrow = Sector and Market prices are up, Market price...

bnh

I got Real Estate and Utilities mid-term bull... beating the market in daily upward price movement since mid November. Real Estate still has 12%+ until it hits next big resistance from last August. Utilities have 8%. ******************** Hershey's CoCo Indicator details: Very Bull = Blue Arrow = Sector and Market prices are up, Sector price up more Bull = Green...