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Strategies & Market Trends : Wolfgangrene's charts
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To: The Ox who wrote (2068)12/1/2015 12:48:22 PM
From: wolfgangrene  Read Replies (1) of 3976
 
It's the sign of a maturing market.
When I speak of the pincher plays from years past, I'd often find none for weeks.
Now I will typically get 10 to 20 every time I scan for them.
None of them are longer term plays for me, but the majority will give you a bounce.
A PPO/ADX convergence is and has always been, a reversal formation even if it is now mostly short lived.

Yes, SUNE volume of the past 2 weeks on a flat share price does look bottom.

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