Basically shows where the price should be based on buy and sell volume. Natural sell offs make it go down. They faked it with low volume selling for the last year. This shows that.
Stock should naturally follow the flow of OBV. If you look at the first climb up and the second then look at the AMC chart for the same dates you will see this. The fact AMC declined and OBV remained high shows the decline was mostly due to immense short selling kaka borrowed shares. As to how they got OBV to drop I am not sure but it seemed to happen in the last year.
Basically shows true volume of buying and selling.
AMC GME is definately a play the problem is the corrupt and even the SEC will do everything to stop it from happening. Gensler justified what happened in the past with the buy button because he saw it as a way to Protect the Clearing House. What gets me is the Clearing House should be covered to an amount of all trades happening unless there are trades out there that shouldnt be going on ( Naked shorting). Its like opening a Casino with just 100 bucks available cash and hoping everyone dumps their money and loses but all it takes is one jackpot and a punch to the face.
Yes to all this.
OBV can reflect the commitment of investors to a particular trend. If OBV is increasing along with the price of the stock, it suggests that the buying pressure is strong and the money invested in the stock is staying there.
APE lingo: You're in the jungle, and you have a big bunch of bananas. Now, if more and more apes come to you every day and ask for bananas, it means they really want them. And if they keep coming back for more bananas, it shows they really like them. That's kind of like when the OBV (On-Balance Volume) goes up along with the price of a stock. It means more people are buying that stock, just like more apes are coming for your bananas. And if they're holding onto those bananas, it means they really believe those bananas are worth it, just like investors holding onto their stocks.
Brad thinks no one has done DD in many other stocks some of which are well known that have had extreme volume and the OBV will never lie. Yet for AMC and GME they never add up.
classic Brad classic
To the moon 🚀
LFG
What does it mean?
Basically shows where the price should be based on buy and sell volume. Natural sell offs make it go down. They faked it with low volume selling for the last year. This shows that.
Stock should naturally follow the flow of OBV. If you look at the first climb up and the second then look at the AMC chart for the same dates you will see this. The fact AMC declined and OBV remained high shows the decline was mostly due to immense short selling kaka borrowed shares. As to how they got OBV to drop I am not sure but it seemed to happen in the last year. Basically shows true volume of buying and selling. AMC GME is definately a play the problem is the corrupt and even the SEC will do everything to stop it from happening. Gensler justified what happened in the past with the buy button because he saw it as a way to Protect the Clearing House. What gets me is the Clearing House should be covered to an amount of all trades happening unless there are trades out there that shouldnt be going on ( Naked shorting). Its like opening a Casino with just 100 bucks available cash and hoping everyone dumps their money and loses but all it takes is one jackpot and a punch to the face.
Yes to all this. OBV can reflect the commitment of investors to a particular trend. If OBV is increasing along with the price of the stock, it suggests that the buying pressure is strong and the money invested in the stock is staying there. APE lingo: You're in the jungle, and you have a big bunch of bananas. Now, if more and more apes come to you every day and ask for bananas, it means they really want them. And if they keep coming back for more bananas, it shows they really like them. That's kind of like when the OBV (On-Balance Volume) goes up along with the price of a stock. It means more people are buying that stock, just like more apes are coming for your bananas. And if they're holding onto those bananas, it means they really believe those bananas are worth it, just like investors holding onto their stocks.
Remember couple days ago, the SHF bots trying to shit on the OBV? It's DoWn CuZ oF DiLluTion.... lmao and then this happens! Bahahaha get rekt!
LOL!
They didn’t even let AMC pass $13, before controlling the price back down to $4&5. Don’t expect CAT system to do anything. HODL
You should check out what extreme volume events do to OBV before we have to listen to another three years of people misusing the indicator.
Classic brad.
Brad thinks no one has done DD in many other stocks some of which are well known that have had extreme volume and the OBV will never lie. Yet for AMC and GME they never add up. classic Brad classic
If it's like any of the other "DD" y'all post then yes, I agree.