SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?


To: Theo who wrote (2066)1/7/1998 7:20:00 AM
From: proud dad  Read Replies (1) | Respond to of 4736
 
OBV does show steady accumulation.



To: Theo who wrote (2066)1/7/1998 9:28:00 AM
From: Sidney Reilly  Read Replies (1) | Respond to of 4736
 
Hi Theo,
The OBV was sliding some for a few months last Oct/Nov and I was encouraged by the fact that the price held up pretty well in the face of that slide. We eventually saw a dip but then it recovered. Now OBV is nearing it's all time high again. During that whole time it was always well into positive territory. The money flow is up quite a bit recently, then a drop, then showing recovery again. It is also staying well into positive territory. The Volume Accumulation shows that the buying/selling pressure are usually fairly balanced so their is no massive buying or selling. Put all together I assume there is a slow steady accumulation from these indicators. But as you know some say you can't TA penny stocks very well, including the Mad One!

Have a great day,

Bob