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HBY Chart
The on-going fall in the shareprice of this stock is likely to be continued tomorrow and people can at last identify a logical "reason" for the slide.
For those monitoring HBY's price movement, this weakness began way back in early March when multiple simple trend indicators gave Sell signals. The current downtrend began on 15/3/05.
The On Balance Volume indicator is supposed to be a "leading" indicator, giving signals that precede price changes. That was certainly the case here - the OBV showed weakness well before any of the trend indicators plotted in the chart below.
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