OTC I appreciate you getting back to me and confirming. Thank you. This is what I posted on the Creative Edge Message Board at 9am this morning.
"We have the 50SMA .0606 crossing into the 100EMA .0605. above.This may act as resistance today. If we break through these levels today or Monday on increasing volume we are on are way up to .065 and higher. JMO. For what it has been worth. Technically and the other studies look good for more upside MACDH_BS .000124, STO 56.27, RSI 55.66".
Thank you for the all the info you provided in your response and I will definitely research CFM Chalkin Money Flow and Parabolic SAR never have used these studies. However, I have a another system I use and it has an Acc. Dist Current, wondering if this is the same or similar to the CFM. I have noticed this number has increased from low 20 to almost 30 recently showing accumulation occurring. Of course I have seen this number as high as 90.It is described as follows:
Accumulation / Distribution.
Acc/Dist (Accumulation/Distribution) is an indicator that measures whether big money has been entering or exiting the stock recently. If the stock has been rising on the days volume is above average, then Acc/Dist increases, which is a sign that big money is quietly entering the stock. If on the days of above-average volume the stock has been trending downward, it is a sign that big money is exiting the stock.
Again, thank you OTC, and any input going forward is much appreciated.
Thatch69
"We have the 50SMA .0606 crossing into the 100EMA .0605. above.This may act as resistance today. If we break through these levels today or Monday on increasing volume we are on are way up to .065 and higher. JMO. For what it has been worth. Technically and the other studies look good for more upside MACDH_BS .000124, STO 56.27, RSI 55.66".
Thank you for the all the info you provided in your response and I will definitely research CFM Chalkin Money Flow and Parabolic SAR never have used these studies. However, I have a another system I use and it has an Acc. Dist Current, wondering if this is the same or similar to the CFM. I have noticed this number has increased from low 20 to almost 30 recently showing accumulation occurring. Of course I have seen this number as high as 90.It is described as follows:
Accumulation / Distribution.
Acc/Dist (Accumulation/Distribution) is an indicator that measures whether big money has been entering or exiting the stock recently. If the stock has been rising on the days volume is above average, then Acc/Dist increases, which is a sign that big money is quietly entering the stock. If on the days of above-average volume the stock has been trending downward, it is a sign that big money is exiting the stock.
Again, thank you OTC, and any input going forward is much appreciated.
Thatch69
