RE: BBDA - That one would have been a great short play last week. The price had run up from below $0.0003 to $0.0018 (huge move) and then the following day (Wednesday) it ran from $0.0018 to $0.0035 on huge volume. That is a clear indication of profit taking and distribution. There was also a nice candle shadow indicating that the price was having trouble holding those highs. The next day (Thursday), you could have sold it around $0.0028 to $0.0030 when it was obvious that the highs were being sold off again and bought it back the next day at $0.0014 and doubled your money in a day! If you're a risk taker you might look to sell any rally on Monday but the obvious play was on Thursday of last week. That one was just screaming "sell me" with an Extremely Overbought RSI and bearish divergences in the ULT, Stochastics and %R. The result on Thursday was a Key Reversal day. Now had you sold on Thursday and took profits Friday, you would be in a great position to sell it again with the profits from that trade and hold that position a while as a FREE short trade until the market becomes oversold or you see a safer trade to put that money into and decide to close it out. I love this business! When you know what to look for, it is sooooooooooooooooooo easy to make money! Like that Michael Douglas line in movie A Perfect Murder, "I can always make money." (meaning in the stock market) "There's a whole sea of it out there".
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