The accumulation is on....the volumes will usually drop off before there is sufficient overall fuel on board for the next drive. Heres the RSI dropping but still bullish the Bollingers in red arrowed, show the stock is overbought and retracing, the Bollinger midline ( similar to the 30period EMA..)backtests nicely as the midline retrace support.. Of course this is only a momentum guide..and needs to be combined with a stochastics price oscillator..cheers
The first of our stoploss triggers has been set off today.. Its the CBL3
TNG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
