LNC
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0.00% 99.5¢ linc energy ltd

massive accumulation, page-7

  1. wxyz
    699 Posts.
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    17/08/09
    19:57
    Post #: 5519318
    oly,

    Accumulation occurs at the bottom of a downtrend, and pre-empts a trend reversal.

    It consists of ultra high volumes within narrow spreads or price ranges.

    Distribution is similar but occurs at the top or peak of uptrends.

    Accumulation/distribution is very easy to spot, and lets u know the big boys are moving in or out of the stock...very reliable signal.

    See weekly LNC chart below

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    LNC Price at posting: $1.38 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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