| kell50 |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Sunday, January 2, 2005 |
| Thursday, October 23, 2008 11:10:34 PM |
21
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GNK nice chart.
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Thanks for your help and sharing your observations.
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Volume was actually 6,787,100. Use that volume and see how it looks.
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I only said that volume on this rally is almost 4 times hravier than in January. I don't think volume in January has anything to do with price now. Volume today was more than it has been in the last three weeks and it broke out of a consolidation on that heavy volume and on a daily chart is increasing.
On a weekly it is decreasing. But the moneystream is rocking on a daily or a weekly.
Volume usually goes down during a consolidation.
You are correct that there is overhead resistance from January. In my opinion the volume now coupled with money stream could push it through that resistance after which it shoul consolidate again. Only time will tell.
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Take another look. Volume has everything to do with price.
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Volume is almost 4 times heavier than in January.
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Anyone looked at this stock?
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Does anybody have any thoughts on DSTI chart and action?
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QUOTE (kell50) HOKU and CTIC have very similar chart patterns.
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HIKU and CTIC have very similar chart patterns.
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