hold on for buying, there is no reversal yet. Bottom is not in yet. Unusual volume, more downwards selling pressure until you see low volume below 50K (its norm). But price bottom up time is near. I am ready with my $$ to go in
Nobody know at what price it hit bottom but one thing for sure once director decide to move up u end up buying at higher price.As long u are not playing contra & directors keep buying u are at the safe side.cheers
The stock is currently very bullish.Supported by very high volumes last two trading days.Also supported by Technical Price Charts which show a lot of momentum in the price trend.The MACD line is above the Signal line,indicating buying support.And The RSI is in the bullish zone and above 75.0 mark.
Expect the investor to reap good returns from their selection,even though the financial performance for this stock is subpar(comparative to previous years,QR).
today boilermech breakthru the triangle it forms from 13-21/Feb, & with moderate volume, it shall continue its uptrend. For those who caught it, cha-cing!!
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....
ampabella
1,378 posts
Posted by ampabella > 2016-10-23 21:46 | Report Abuse
niamah.... what happen cannot move oreli , stupid counter oreli