| Followers | 33 |
| Posts | 1981 |
| Boards Moderated | 1 |
| Alias Born | 03/17/2014 |
Tuesday, May 06, 2014 8:50:29 PM
Yet Another BAA Chart Trend Indicates Breakout!
The MACD spread is now .0028. Check out the last two times this year that has happened. Both times BAA has seen a nice pop. The trend couldn't be more perfect just ahead of earnings.
Also check out the RSI the previous two times and then today. It looks like it is curving up just a bit. Back around March 13th the RSI was already hovering near 50 but the February RSI looks very similar to what we have now.
I also circled late December 2013 but forgot the arrow. We'll know in the next couple days if history is going to repeat itself.
The MACD spread is now .0028. Check out the last two times this year that has happened. Both times BAA has seen a nice pop. The trend couldn't be more perfect just ahead of earnings.
Also check out the RSI the previous two times and then today. It looks like it is curving up just a bit. Back around March 13th the RSI was already hovering near 50 but the February RSI looks very similar to what we have now.
I also circled late December 2013 but forgot the arrow. We'll know in the next couple days if history is going to repeat itself.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
