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Is THAT what covering looks like?
#6

'tarulestheday' pid='23763' datel Wrote:

'trans' pid='23760' datel Wrote:TA, Intra day OBV shows 70k shares accumulation last 8 minutes of trading

Thanks for that trans.

I hate to be a broken record but it looks like we bounced right off the EMA 50 day again. If that isn't strong support right now, I don't know what is.

http://stockcharts.com/h-sc/ui?s=IOC&p=D&b=5&g=0&id=p15262058294

That ain't no broken record to me. It's a chorus, and they were off-key on the first bounce. I am becoming a believer in Technical Analysis.

(An aside: When I first started quoting you from your YMB posts, I thought "tarulestheday" was referring to a "different" T & A, since there were numerous prurient-inflected noms-de-plume in use at that time, So I ignored you then. Belated apologies, since I now have a firmer grasp of the TA to which you truly referred, and I love those stockcharts. Thanks.)

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Messages In This Thread
Is THAT what covering looks like? - by calaban48 - 06-05-2013, 05:35 AM
RE: Is THAT what covering looks like? - by Palm - 06-05-2013, 06:05 AM
RE: Is THAT what covering looks like? - by trans - 06-05-2013, 06:20 AM
RE: Is THAT what covering looks like? - by calaban48 - 06-05-2013, 06:50 AM
RE: Is THAT what covering looks like? - by TxPm - 06-05-2013, 09:02 AM

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