One of the primary ways to use the Money Flow Index is when there is a divergence. A divergence is when the oscillator is moving in the opposite direction of price. This is a signal of a potential reversal in the prevailing price trend.
Comparing to the likes of NEU & TLX, then comparing to the likes of PLS & LTR
Lithium is going down, its ETF has been in a long downtrend indicating this for at least a year or two and imo PLS is the king stock. THEY Both HAVE NEGATIVE Money Flow
NEU & TLX , both doing really well and not tied to an ETF have a similar pattern to AVR although NEU & TLX are $3b+ companies. ALL HAVE POSITIVE Money FLOW.
Point is, money flow will indicate whether a stock potentially has further to grow it's value, imo. Pls and ltr tied to an ETF so to speak and valuations closer to $10b, capital intensive compared to a med device and tied to a commodity or ETF.
The money flow in AVR, TLX & NEU show appreciation in its market values to come, market leading products not tied to an ETF or commodity.
Generally speaking imo
AVR Price at posting:
$17.45 Sentiment: Buy Disclosure: Held
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