Bebida Beverage Company (BBDA)

[ToldYaSo]

OK, serious question here from a TA perspective.....what is it that makes you believe this is going to pop soon?

Granted, rsi is moving up--on a standard chart I see 52.78, and on a 5 day short term chart I see 64.09....both nice.

MACD shows a new cross up....on a standard chart it is still below 0, but on a short term 4,9,3 it show above 0 today....both nice, except for the fact that the macd bars have been above 0 since late April, and it has pretty much done nothing but go down since then. Shakey, IMO.

Full STO looks nice on both charts, as well as the stochastic rsi.

So far, so good....and I'm with ya.....but.....

Accum/dist is plunging on both charts....not good, IMO.

CMF is plunging on both charts....not good, IMO.

And the big one--for me--OBV is flat as a pancake on both charts.

Not trying to argue with you....just wondering what I am missing....yes there are positives, but just don't see much upside here. Much risk for little reward, IMO.

Thanks!