Not specifically to you, Barbara....
As most members of this thread now, I dabble in technical analysis, especially with regard to demand analysis.
So, naturally, this weekend, as usual, I took a long hard look at TSIS, to see if I could find evidence of significant accumulation, especially since September(when the company trading ceased) and since December 21st (the AGM).
In short, there are some positive technical indicators, but nothing I would consider overwhelming evidence yet.
Best news is an obscure indicator called "Negative Volume Indicator" which shows a steady increase since late December. NVI is a plot which considers only those days in which the volume is *less than* the preceding day's. As such, it is supposed to indicate "core money" or "smart money", uninfluenced by any flood of new money from supposedly-foolish whim investors.
For my personal investing, I far prefer MFI (to indicate accumulation), which so far is not showing any great increases.
Stay tuned!
JSb |
