To potential BAA buyers:
Based on my observation and analysis on BAA market action, I get the following two points:
1, BAA market is approaching a healthy trading direction by a powerful force interference, this force may be from BAA insiders or institutions. This force already broke the BAA price cycle patterns by forcing profit-takers to take profits each step other than for them to take profits as a whole lot at the cycle top. The same time, this force also absorbs any dumps every day to avoid a cycle bottom formation where the profit-takers supposed to buy.
2, A gradually increasing price. This force every day puts huge blocks on ask to avoid pumpers' pumping action. If we don't have pump the dump is voided. So, any gain on price is sustainable. I also found that the huge blocks on ask are not really for selling because they are moving the price up gradually day after day. Therefore, if you want to buy you will pay more and more with your waiting days.
