Also, the WMA of the RS line is rising strongly, which is a positive sign.
Nevertheless, the WMA is not the only international organisation to voice concerns about medical trials.
The next week, the relative performance moved above its WMA and soon the WMA was clearly rising.
The WMA flattened out over the next six weeks before starting to rise.
The MP3 files we had uploaded to the player from our own collection worked fine, but none of the WMA files downloaded from Napster To Go would play on the device.
It is also clear from the chart that the 21-period WMA has acted as a good level of support, as tests of the rising WMA have often marked correction lows.
It was not until the end of July 2012 (line 2) that the OBV moved above its flat WMA. Though the monthly OBV is rising and above its WMA, it has not yet surpassed the highs from 2011.
As the monthly OBV moved back above its WMA at the end of November, the weekly OBV was below its WMA but above its uptrend, line h.
The daily OBV is still well below its WMA while the weekly OBV closed below its WMA last week.
The break of the uptrend in the spread (line c) may indeed be significant but a failing rally back to the declining 21 WMA could complete the topping process.
Volume was very heavy two weeks ago, which dropped the OBV below its WMA and the uptrend (line h).
The monthly relative performance or RS analysis broke its uptrend, line b, at the end of June and its WMA the following month.
The OBV retested its rising WMA on the recent correction and has now made new highs.
The OBV moved above its WMA in the middle of December, which was perfect timing for the January effect.
Two weeks after the LCD, the OBV dropped below its WMA and the next week it also broke its uptrend, line b.
The OBV stayed above its WMA until the week ending May 18, and in this instance, was not helpful in confirming the doji.
The OBV held well above its WMA on the recent correction and continues to look strong.
The OBV has been below its WMA since the middle of May, but has now turned up.
The RS line dropped below its WMA at the end of September, and is now testing stronger support.
The monthly studies are all positive as the relative performance moved above its WMA at the end of November.
Volume did pick up sharply Wednesday and the OBV is now testing its WMA and the downtrend, line d.
Volume picked up in the past two weeks, but the OBV is still below its WMA. The OBV has good support now at line d.
The OBV is above its WMA but below the long-term resistance at line f.
The rally in July and August took the RS line above its WMA, but the formation was not consistent with a major low.
The OBV has held well above its WMA on the correction and has now turned higher.
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