Post by
monstapeake on Jan 19, 2021 6:21pm
my bible is "Technical Analysis of Stock Trends"
by Edwards and Magee which is available thru Amazon. What they say about volume trend reversals is that its like a freight train smacking and shattering the downward or upward movement with enormous, overwhelming volume. I conclude that today's numbers what I believe are 8.5 millions shares listed on Stockwatch.com ( I may have in an earlier post misquoted some numbers as this stock trades on the CSE and not the Vanc) and that is the prompt for the stock to begin a new cycle of positive advancement. In this circumstance it does not matter how the market concludes with the perception from sources of a "dump." This stock has now experienced a new trend confirmed by the gigantic volume and it is only a matter of time now for lift-off. Amigos I hope I told youse ok! mpke