Beacon Redevelopment Industrial Corporation (BCND)

[midas716]

BCND Chart Weekly

The daily chart earlier is right about where we should be. Not strong, not weak. I think we did a fairly good job of churning 3 and 4. We even had that one day early in the week that had about 50 million 5's chewed up alone. The daily chart really could go either way. It's 50/50 at best so I am relying on the weekly.

Gotta tell you this weekly is sweet.

RSI has steadily increased since Jun 08 with a monster push a month ago. It's holding 50 now. :)

A/D ... what can I say. Huge. We could go to the line and bounce and it would still say uptrend. Those are mountains on huge volume. The 1 and 2 sellers have sold all they care to at this point. They're riding them free now so let em ride. Heck, LOL, I still have 3 million 1's and I'm not selling them till much higher. Too mant things going on here right now to sell anything. IMO one SOLID PR and this will freak out bad.

I threw a 10ma on here and found interesting stuff. The left circle shows a pop at the 10 crossing the 20. The right one shows a pop at the 10 crossing the 20. Pop at the 10 100 cross? Maybe but last time we didn't have the 50ma in play. It's in play now and the 20 hasn't crossed it yet. The 100 is also up high similar to 50 last time. Odd but if you look it's like the 100 is giving us the resistance. Coincidence?

This weeks candle is a gravestone doji.

http://www.fxwords.com/b/bullish-gravestone-doji-candlestick.html

It's weak but it is a bullish reversal candle. We need to close higher next week to confirm.

The volume was incredible. Don't care who was buying, company, peeps, insiders whatever. As long as peeps was a buyin. As I said we converted lots of 1's and 2's to much higher and into more hands. Gotta like that. Volume still seems to be increasing. We are just below the line. Any good news will shatter 500 mil for a week. IMO we should here something by tues. or wed. on what Rick has been doing there.

CMF is still way up with just a small drop after the pop.

ADX is crazy. This is showing expanding trend not weakening. Would love to see +DI spike above ADX. Yikes!

William, Fast and Slow stochs have all bounced off bottom.

Trix still shows a buy and is now above 0 and Aroon is now topside.

It's an awesome chart. IMHO though we all know this needs a PR.