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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Under Accumulation
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Post by AU_NB on Feb 14, 2009 1:47am

Under Accumulation

Sorry, couldn't post chart directly.

Let's see if this works:

User image

Comment by tobinator01 on Feb 14, 2009 1:17pm
The accumulation is clearly evident from On Balance Volume. On Balance Volume is essentially the up tick volume minus the down tick volume. It's an indicator of how eager market players are willing to pay the ask or sell the bid. What we are seeing is that despite the stock weakness here, most trades are occuring coming up to the ask. What can be considered very bearish is to have stock price ...more  
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