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BTR - Twiggs money flow?

Chart Forum » Stocks - ASX: long term & fundamental » BTR - Twiggs money flow?

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madmikey
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Username: madmikey

Post Number: 1
Registered: 10-2010

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Saturday, October 16, 2010 - 08:36 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Anybody see evidence of significant accumulation happening in BTR over the past year using Twiggs money flow? Im pretty new at using this indicator, would appreciate thoughts.

Thanks.


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colin_twiggs
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Username: colin_twiggs

Post Number: 800
Registered: 06-2009

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Saturday, October 16, 2010 - 09:56 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Welcome Madmikey,

BTR shows strong support at $0.60. TMF 21 indicates accumulation since May 2010. The only negative is short-term bearish divergence in the past few weeks. But looking good as long as retracement respects $0.60.

Regards,
Colin







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colin_twiggs
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Saturday, October 16, 2010 - 09:57 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



BTR

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