This is part of my research, greatful for any feedback from the community.
I have uploaded the charts of AAO and GMR. Both stocks were in a similar position until yesterday, i.e. waiting on results. However, today AAO cr@pped itself over bad ann. What I find interesting is OBV in both charts, i.e. how it trends-up and then in AAO's case it reversed trend a since last Thursday.
In the case of GMR, I find that OBV continues an up-trend. So it tells me that the news up to now is good or at least no bad news round the corner. So it is a (strong?) signal to hold until ann (?)
Do you guys/girs agree/disagree, your reasoning for your opinion would be highly appreciated by this newbie!
Thanks in advance!
GMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
