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Golden Star Resources, Ltd. Message Board

  • bernardcrenshaw bernardcrenshaw Sep 6, 2012 9:35 AM Flag

    How do we know when Accumulation turns to Distribution

    Serious question,can anyone chip in with a chart example or something else ?

    Sentiment: Hold

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    • That question also translates into what is a false rise on the long term chart.
      Short term these days are too skewed by the black boxes.
      A reference book for this is one from the 1930's titled " How to make the stock market make money for you " Google it

    • in an accumulaton phase there will be a tight range the stock is trading in - like yesterday . You will see a lot of buying but the stock will not move up. Accumulation can also be negative. There can be a selling accumulation which will eventually move the stock down. Now, on distribution the market makers will raise the ask price moving the stock up and sell those shares off that they accumulated. There is also a congestion phase which is when a stock trades erratically and moves in all directions. It is best to avoid stocks that consistently trade like that.

      Sentiment: Strong Buy

    • Pull up a Chaikin Money Flow chart. It will show you buying vs. selling pressure. When its above 0 there's more buying pressure and below 0 is distribution or more selling pressure.

      Money Flow is very strong for GSS right now.

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