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Online Share Trading

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OBV indicator

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Sorry guys after only 1 hours sleep (Dont ask I had computer troubles and when I start something I finish it before I sleep) My mind is a little sleepy ;-)

Anyway what I cannot remember is when OBV drops below share price (120 day time frame and even lower on shorter periods) and Vol on a share slows is this a bearish or bullish indictor? BOL share is sitting on bottom, STO almost zero and RSI below 30...All these show Bullish but I cannot remember how to tie in OBV..... Tnx
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5 REPLIES 5
Cherry
Regular Contributor
CPS this is unlike you. Which stock are you referring to... maybe we can have a look
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Cherry, Tnx I had 6 cups of really strong coffee and now my mind is buzzing again.... ANyway I found the direction I was looking for. Consolidating and slight bearish still so I will wait till next week to look again. ADW was one of them. The other I will rveal next week for you punters out there to make a quick buck if this OBV changes the way I want it to.
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Dorry chum but this secrecy bus..'tell you nxt wk' is jst playng gmes. this is serious bus. if u do'nt want to speak well do'nt ...jangat
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Tnx JG.... Must admit I have not seen you post anything recently so gimme a tip I can use & I will share one with you. You seem to have been around a while but you hardly add anything to our little community.... & I promised to reveal the little stock when it is ripe for a move but it will be IMO anyway.
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OK so I found another little gem worth looking into for a short play in the comming days. WSL. I was actually looking at MUR and the signs are there but not yet. Might break for a play early next week.
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