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Bullboard - Stock Discussion Forum YALE RESOURCES LTD V.YLL

Metals & Mining Industrial Metals & Minerals

TSXV:YLL - Post Discussion

YALE RESOURCES LTD > Money flow
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Post by wjm88 on Apr 23, 2010 9:25am

Money flow

The chart show money flow away from YLL while OBV is increasing. What does this mean?
Comment by Umpolung on Apr 26, 2010 6:50am
"The chart show money flow away from YLL while OBV is increasing. Whatdoes this mean?" All depends on your timeline and what you define as money flowing away from YLL. I see both OBV and MFI trending upwards (note the sell-off on news). See page 3. Take a look at the math for each indicator and you'll understand why MFI oscillates.
Comment by Umpolung on Apr 27, 2010 7:33pm
Further to my last post, MFI is about to breaks it's down-trend. All indicators are ready to move--just need to break the ~4-month down-trend. Chart on page 3.
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