Step 1: Find any candlestick in the price chart that interest you.
Notice that we pick a red candlestick as we would like to know if the stock price will be going down or not.
Step 2: Draw a straight vertical line across the stock chart & the OBV indicator.
Step 3: We look at the OBV indicator and observe the trend.
Notice that it is showing us a rising trend.
Indeed! The stock price went up in the next few days!
That's all for today!
Please give a like if you find this example useful, and thank you for your support!
Before you go to my next post, please remember to vote how much you had already invested in TSLA.
Do you know: As of 20 Aug 2022, Tesla is one of the top 10 hot stocks with more AMCs increasing their Tesla position. (1546 AMCs increase their Tesla position VS 1057 AMCs decreasing their Tesla position!)
Silverbat : OBV shows topping in progress
Mars Mooo OP Silverbat :
Silverbat Mars Mooo OP : Bonds
Mars Mooo OP Silverbat :
Mars Mooo OP : What does the fox say?
https://www.moomoo.com/community/feed/108860420587526