I like the money flow indicator as it smooths out this type of 1 share manipulation. It is really just an indicator of sells against buys on a graph. Money in graph up, money out graph down. Simples. Never do I act on this in isolation but it does help a great deal when seemingly good companies are on a long downtrend but the money flow indicator is rising. When other indicators also turn up then volume confirms it can be rewarding.
ISX declined till June this year however the money flow started rising in Dec last year, a full 6 months before. we are now only looking for volume to increase. Bought more at 15.5 cents on the strenght of the chart testing and bouncing off support late Sept. I do not trade but the chart does give you an idea of a good entry. My opinion, but hope others find it of help.
ISX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
