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Wednesday, July 23, 2014 11:27:06 AM
Very true, two and a half cents means a lot more than it did to BAA.
BAA has been trading higher volume but today's volume is ahead of even that. On pace for 2.5M plus today. The last time BAA had volume of +2.5M was 7/16.
BAA closed even that day but saw a lunchtime RSI bounce that took it up 12% before it fell again. The RSI bounce doesn't show on the RSI(14) but on the RSI(1/2) it jumped over 5 points. There is a chance you hit that and have yourself a very nice day trade if Banro doesn't release news to keep it moving.
When it happened on 7/16 the CMF had started turning north just prior. The last couple days BAA's CMF has again started turning for the first time since the last RSI bounce.
BAA has been trading higher volume but today's volume is ahead of even that. On pace for 2.5M plus today. The last time BAA had volume of +2.5M was 7/16.
BAA closed even that day but saw a lunchtime RSI bounce that took it up 12% before it fell again. The RSI bounce doesn't show on the RSI(14) but on the RSI(1/2) it jumped over 5 points. There is a chance you hit that and have yourself a very nice day trade if Banro doesn't release news to keep it moving.
When it happened on 7/16 the CMF had started turning north just prior. The last couple days BAA's CMF has again started turning for the first time since the last RSI bounce.
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