PEB - Pacific Edge Ltd

[Hoop]

Bollinger Bands are starting to squeeze up again...When this happens it suggests either a trend change or change of tempo of the existing trend. As PEB is trendless atm the Bollinger Bands are suggesting then will be a trend forming..

Will the future trend be up or down...We don't know for sure.
We can observe trading behaviour for clues such as insider trading..of course they will be amongst all the other traders both long term and short term, optimistic and pessimistic traders all smudging the overall trading results of the day...

Charting using momentum & money flows indicators etc can pick up the larger insider movements...

Below is the PEB chart with expanded indicators and less S&R lines drawn in..Although DMI is only a price behaviour indicator I have added it because its a fast enough indicator to pick up price changes however it won't react to slow stealth buying as it is not designed for that .... but its my favourite..

From the chart it shows RSI and the MACD have fired buy signals. Both indicators have momentum variables incorporated in them but as you can see the momentum indicator says its not the momentum causing the 2 buy signals ...The OBV is showing volume/price pressure is neutral...so these 2 buy signals must be from something else...maybe but not likely it could be stealth buying the disciplinced buying of just enough shares as to not cause a change in price hence trying to stay unnoticed long enough to complete their slow accumulation..

Its very possible it isn't stealth buying either..so the most likely behaviour that the indicators have picked up would be the low volume behaviour of small fussy buyers and sellers wanting their price and both not in a hurry to buy/sell.

Anyway time will tell which way PEB will go after this trendless period....

Note:..Normally with volatile stocks the outcome from squeezed Bollinger Bands isn't very long......but looking back on the chart history (July/August 2013) there was a period when PEB wasn't very volatile and the squeezed bands lasted 6 weeks...

[Hoop]

Excuse my ignorance, but isn't the bollinger band just a confidence interval in drag? if so, the tightening just means that volatility has dropped. Nothing more nothing less.

Don't try to read too much into TA.

Hi New Guy
I don't..I deal with indicators the simple way...I don't overdose in theory and equations to see how they work and get bogged down with too much science it takes your mind of your game...a bit like driving a car and coming up to traffic lights (indicators), no driver then starts thinking about all the electronics that go into making them work and if they did they would take their mind of what they should be doing...that is driving a car. However a driver does instinctively know (from experience) that after a red light it will at some point turn green because the traffic lights have alway behaved this way...

With BB's I have over the 17+ years of being a Chartist I've noticed that BB squeezing creates entertainment value as something is going to happen..BB width is the result of volatily and BB always waxes and wanes therefore a TA knows that nothing lasts for ever not even confidence nor settled periods with low voltility...

I suggest you chart around with several stocks using BBs ....notice how some stocks behave better than others ,,,but overall you will see the price effect from the BB squeezing.

BB warnings are valuable early indicators that something different could soon happen...all investors should react by monitoring their share holding more closely

[baller18]

I asked my mate who has just graduated and worked in the hospital (auckland hospital) for a year as a house officer (doctor) and he knows cxbladder and they use it in the urology department quite a lot. Asking him if he knows they are paid for tests or not right now...
This is a good sign, when he was a student or as a house officer, they rotate and don't stay in one department for long, so if he was already being taught cxbladder or being exposed to it must mean the urology department have adopted this test to a certain degree...

[baller18]

Thanks for your posts again hoop

[MAC]

One must consider the various applications and the intended purpose of each test;

High sensitivity tests may be applied by clinicians for applications which require a diagnosis or assessment of cancerousness.

High specificity tests may be applied by clinicians for applications which require triage and an assessment of the degree to which a patient may be cancer free.

Cxbladder(detect) was not designed as a high specificity test, cxbladder(detect) was designed as a high sensitivity test. Pacific Edge are about to release cxbladder(triage) probably as a high specificity test, if I interpret the description provided by Pacific Edge correctly.

Cxbladder(triage) may also represent quite substantial cost savings as it potentially offers clinicians and insurers lower ongoing follow up assessment costs for those haematuria patients not diagnosed with cancer but who remain in a high risk category.

Potentially when both cxbladder(detect) and cxbladder(triage) tests are performed concurrently for those initially found to have haematuria, the probability of a high cancerous patient slipping through such a screen may become statistically quite low indeed.

Attachment 5826

Edit: Clarified better for Tumeric

[MAC]

Ha, I suppose you could read my post that way, I'll go back and edit it for you.

Cxbladder(detect) is not intended to be a high specificity test, therefore specificity is not as meaningful for it's intended application(s).

[MAC]

Sorry, that's what I thought you meant. Yes agreed, it is designed to be an 85% specificity test for all intents and purposes.

But just to clear up once and for all, CxBladder IS below its competition in terms of specificity.

That's quite incorrect;

We don’t yet have the product specifications for cxbladder(triage) and cxbladder(predict), but certainly as I understand it, cxbladder(detect) outperforms the competition substantially for its intended applications. We are yet to see a specificity spec for cxbladder(triage).

The Cxbladder process applies five RNA biomarkers and a very cleaver patented software system. I would anticipate that the difference between the cxbladder products may be a variation in the biomarkers but more probably also different tuning within the patented interpretation software.

Cxbladder(detect) is tuned to maximise the diagnosis for its intended high sensitivity applications. Similarly Cxbladder(triage) will be tuned for its applications. Clinicians when applying high sensitivity tests don't necessarily require specificity, and visa versa.

Both these tests along with Cxbladder(predict), due to be released later this year, should cover a much greater range of sensitivity and specificity applications, and cover them much better, than the lower tech products provided by the competition.

[MAC]

As you wish, we should have all the specs Tumeric by years end to lay out on the desk, and can better review them all at that time in a greater context.

My feel at this time is that the tech Pacific Edge apply is both superior and seemingly more flexible in terms of tuning than that presently offered by Alere. It is unlikely IMO that Pacific Edge would release cxbladder(triage) or cxbladder(predict) unless they also offered a similar leap in advancement as that provided by cxbladder(detect).

[Minerbarejet]

Which begs the question Snap, -are you going to be unhappy if you are right?

[MAC]

I asked my mate who has just graduated and worked in the hospital (auckland hospital) for a year as a house officer (doctor) and he knows cxbladder and they use it in the urology department quite a lot. Asking him if he knows they are paid for tests or not right now...

This is a good sign, when he was a student or as a house officer, they rotate and don't stay in one department for long, so if he was already being taught cxbladder or being exposed to it must mean the urology department have adopted this test to a certain degree...

Thanks Baller and Tsuba too, it’s good to get some feedback from the hospitals and specialists also.

It’s all early days yet for the Doc’s, perhaps if its amicable you could update us again over time..