INBI Another sign we’re seeing of accumulation
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Posted On: 03/21/2013 8:11:38 AM
INBI Another sign we’re seeing of accumulation here is the Chaikin Money Flow (CMF) indicator. Notice that it’s currently sitting at .572. A CMF of .2 is considered bullish for retail loading, a CMF of .4 is considered extremely bullish for retail loading, and INBI is at .572. It looks to be under heavy accumulation.
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