Bebida Beverage Company (BBDA)

[georgewrasmussen]

Thanks....slomofron for the praise,

It's been a long wait and a large and dramatic consolidation of BBDA shares.

BBDA looks excellent in the weeks coming up.

DAILY CHART

The KST (halved) has finally come alive and diverging.
The MACD is doing the same.
The HEIKIN ASHI chart has shown three up tick days.
Today's CLOSE closed above yesterdays CLOSE that broke the PARABOLIC SAR yesterday.
The +DI is finally above the -DI.

WEEKLY CHART

Postive things to note on WEEKLY CHART of BBDA

Bouncing off the EMA(50) nicely (as expected)
The +DI never came close to crossing the -DI before diverging which represents tremendous strength on the DMI.
The last seven weeks of downside have followed a very narrow and condensed channel, representing wound up strength going forward.
The KST hasn't swung around just yet and the MACD is still flat on the weekly. (but the MACD is still above 0 after a long and drawn out consolidation)

Ignore the negativity and read the charts. The charts will make you money in the long run, not opinions.