Comparison of OBV VS Price Action (AMC / GME VS Meta / Netflix)
$AMC Entertainment(AMC.US$
The orange line is the OBV (On Balance Volume), the higher the OBV, the more people buying compared to selling. AMC / GME are really special cases compared to the traditional market: despite the price falling, we continue to keep buying more! Meanwhile for Meta and Netflix, people start selling more than buying when the price falls.
As for me? Just loaded up 70 more shares at $10! Too much of a bargain to miss out. 😉 I just love the stock and movies too much.
The orange line is the OBV (On Balance Volume), the higher the OBV, the more people buying compared to selling. AMC / GME are really special cases compared to the traditional market: despite the price falling, we continue to keep buying more! Meanwhile for Meta and Netflix, people start selling more than buying when the price falls.
As for me? Just loaded up 70 more shares at $10! Too much of a bargain to miss out. 😉 I just love the stock and movies too much.
![Comparison of OBV VS Price Action (AMC / GME VS Meta / Netflix)](https://ussnsimg.moomoo.com/1652318441128-random4214-102940153-android-compress.jpg/bigmoo)
![Comparison of OBV VS Price Action (AMC / GME VS Meta / Netflix)](https://ussnsimg.moomoo.com/1652318441442-random974-102940153-android-compress.jpg/bigmoo)
![Comparison of OBV VS Price Action (AMC / GME VS Meta / Netflix)](https://ussnsimg.moomoo.com/1652318441747-random4762-102940153-android-compress.jpg/bigmoo)
![Comparison of OBV VS Price Action (AMC / GME VS Meta / Netflix)](https://ussnsimg.moomoo.com/1652318442015-random8994-102940153-android-compress.jpg/bigmoo)
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SpyderCall : OBV is good for a quick reference. I use it every day. Even on the 1 minute time frame
BullyMoo : wow![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)