Replies to post #3553 on Banro Corp. fka BAA

[Sparks111111]

There is always lots of fear near bottoms..and to have a double bottom near 50% off of highs makes it the perfect time to buy...

Double bottom on a falling wedge looks good to me.

[Techamental Logic]

How is the the chart looking to you now? Did you see my next picks on your board? I've got a feeling my days of averaging down BAA are just about over. If not it could be a long wait until till Q2 production and then Q2 earnings.

The Keltner Channel mid-point is kissing the MA(20) and the upper channel is still playing "I'm not touching you." with the MA(50). Everything points to a reversal. What remains to be seen is if it turns into a breakout or just a pop to fill those higher candle body gaps. I like the way Accum/Dist took a little turn north. Now if the MFI can turn and the then RSI...Boom!

I have a feeling Q1 financials will have a lot to say about that. No borrowing and Namoya on track will mean liftoff. Heavy borrowing and a Namoya setback will mean I'll be averaging down again and this time at a new 52-week low.