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CMF showing accumulation here. Probably not a bad

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Post# of 56324
Posted On: 05/19/2014 2:51:34 PM
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Posted By: otctrader
Re: Lets_Do_This #24572
CMF showing accumulation here. Probably not a bad entry point however the .418 pricing could still get tested this week. I have not done a good solid TA since last week but a quick look at the 30 minute/monthly and daily charts all show sellers slowing down. This is where GTC Limit orders work well and depending on your personal strategy (if accumulating) it makes sense to accumulate a percentage of your total planned then use GTC Limit orders with 10%-15% of the .0418 then again within 10%-15% of the SMA200 in case the MM's are still selling blocks of the previously restricted shares this week. Just my thoughts since you are asking.


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