Banker chips that track strong buyer in this stock is still below the 50% threshold, signalling weak momentum of buying support. At the same time, locked chips hv been decreasing, showing less retail sell-off, which should be a good sign of retail confidence in this stock. In order for this stock to burst thru 200 moving average successfully, banker chips must be over 50%, while there must be no locked chips. Still, with growing banker chips, we can potentially expect continuous strong buying support moving forward.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tipster
752 posts
Posted by Tipster > 2019-03-07 13:03 | Report Abuse
has been hitting 22.5-23 for the past 4 days... need to take it out with convictions...