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Thursday, November 14, 2013

ROX

ROX was a formerly thinly traded, ignored stock that, in August, began showing up on high volume screens, and has been ever since. I got the highest volume of all today (probably earnings) and broke out of range. This is now on Wall Street's radar and appears to be undergoing accumulation, although CMF is negative and has been on the decline since July. That is probably due o the day in September when it spiked up but closed near the low of the day: once that is more than 20 days past, CMF should go positive again. his could be the start of a long term up trend.

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