TA Guys: Has anyone noticed how the PPS is converg
Post# of 96879
Posted On: 11/11/2014 2:53:49 PM
TA Guys: Has anyone noticed how the PPS is converging with the CMF? Take a look at the chart below. I don't solely rely on TA, especially for penny stocks, but it's helpful to keep an eye on it.
For those who don't know, a signal to buy is when a new low PPS is formed below the previous one and a corresponding CMF value is higher than the previous one. Compare October 28th to November 11th and you'll see the convergence.
I can't paste the chart on this site, so you'll have to
click here for it.
For those who don't know, a signal to buy is when a new low PPS is formed below the previous one and a corresponding CMF value is higher than the previous one. Compare October 28th to November 11th and you'll see the convergence.
I can't paste the chart on this site, so you'll have to
click here for it.
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