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Friday, September 11, 2015

Increase In Deliverable Quantity Could Signal An Uptrend

An increase in deliverable quantity accompanied by a rise in price - could signal a possible uptrend for the near future.


This is because more buyers are taking delivery in the anticipation that the price would go up further in the future.

Therefore, an increase in deliverable quantity accompanied by a price rice indicates that most buyers are optimistic about the future prospects of the company and are trading the stock as a long term bet.

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