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Biotech / Medical : Provectus Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?


To: shoes28 who wrote (11814)3/7/2013 4:26:35 PM
From: jm2i123  Read Replies (1) | Respond to of 13111
 
i think the volume is due to the conference in April, and maybe other things who knows...



To: shoes28 who wrote (11814)3/7/2013 8:11:19 PM
From: travisnye  Read Replies (1) | Respond to of 13111
 
Hey shoes28, there certainly is a volume spike this week and along side the one last week, two weeks in a row. It's not possible to be sure if it is describing a trend, but, I know a spike when I see one.
My next wonder would be, is this a volume climax or a trend?
Then the next wonder after that would be about the price. It's been a good four weeks; the last four weeks have been good. No question, there has been a price reversal, including the last two week's volume spike.

So, all this being readily observable, one wonders whether it will be sustained?
The 200 day Moving Average on the Three Year Weekly chart is $0.93. It is this area, above the 200 day MA that has been so hard to reach the last two years. Price time, above this line, on volume like we are starting to see, will obviously be significant. If it is without some fundamental reason, beyond our assumptions, still significant but only an extended curiosity full of supposition. Which I suppose could be filled with something nastier than supposition.

This just may be a trend reversal. The price and volume are looking like a reversal. The MACD graph below the price chart has been in a positive Divergence/reversal since December. The buzz volume has a reversal trend about it too; China, India, Australia, Moffett, FDA, SPA, bystander effect, various cancer type effective responses...

The future is still a wonder, but, IMO, wonderful.

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