$BAA chart - very sweet move on Fri. - a large white candle & fat green $Volume bar formed when $BAA closed up 40% on the largest $Volume in over 5 months - $BAA closed above the upper Bollinger Band @ 0.18 - that is the first support level on a pullback - EMA 4 @ 0.174 is the 2nd support level followed by EMA 8 @ 0.163 - as long as candles continue to form above the middle BB @ 0.152 the $Up Trend should continue -
MACD was pinched & had a nice spike - the largest MACD $Volume bar of the month of the Feb. formed Fri. - Fast Sto @ 72.00 & in the above 50 bull zone - above 80 on Fast Sto is the "Power"/overbought zone - RSI @ 77.60 is in the above 70 power/overbought zone - $BAA will need to head higher in the power zone next week - the 2nd chart shows that is something $BAA has failed to do in the last 6 months - if $BAA does head higher in the power zone on Fast Sto & RSI it will be a bullish change in trend -
The upper wick on Fri.'s candle shows profit taking off Aug. & Sept. support levels - 0.24 provided support back in Aug. & Sept. when $BAA tested 0.30 resistance - what was support becomes resistance & vice versa - in order to head higher $BAA will need to close above 0.24 then work it's way past Aug. & Sept. resistance - 0.28 will be a $KEY level followed by 0.30 - a close above 0.3050 could signal an extended breakout IMO - $BAA closed above the 0.2041 Oct. high which is bullish - there was support in the 0.22 "zone" back in Aug. after the July pullback - IMO that is why $BAA closed below 0.22 - it is the 1st $KEY resistance zone to break -
One thing to keep in mind - our theory is candles ALWAYS work their way back into the Bollinger Bands - ALWAYS - that said, very bullish stocks ride in the upper BB channel between upper BB resistance & EMA's 4 & 8 support -
Good start for $BAA - the previous 5 candles closed at the same level - Fri. was the 1st day of the run - looking for follow through and a continuation of the $Up $Trend next week -
$BAA chart #2 - this chart shows the 200 DMA @ 0.235 was tested on Fri., but $BAA pulled back - the 200 day moving average is the biggie - this chart shows the 0.24 resistance zone is the $KEY level to break - going forward candles above the 200 DMA = bullish/upside potential - fail to turn the 200 DMA into support = bearish/ downside risk -
Parabolic spike on ADX w/ +DI -DI, the green line(+DI) shot straight up - checkout the action following previous +DI spikes on this chart - Slow Sto @ 60.37 & in the bull zone - SLOPE(linear regression) has a nice upward pointing angle after riding the 0.00 line -
$BAA chart #3 - this chart shows the Pivot Points - $BAA closed just above R2 on Fri. & below the 200 DMA - most likely either the 200 DMA resistance level will break or R2 support on Mon. - keep an $EYE on both levels - R1 @ 0.175 is the 2nd Pivot Point support level - the Pivot level is 0.149 -
Checkout CCI @ 572.91 - look at the parabolic spike - looks like Mt. Everest and is at an angle that is impossible to sustain - BB Width shows a spike as well reflecting the increased width between the Bollinger Bands -
News 
Market Data 
Discover 
