BBP 0.00% 9.5¢ babcock & brown power

chart chat, page-14

  1. 980 Posts.
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    Good post ape.

    The decline since early January has been on low volme compared to that which drove the advance from 2.4c - volume will certainly be the telltale signal that those in the know are loading up.

    We saw a divergence deeveloping today on the hourly suggesting that we may be at the end of this grinding correction downwards - next two trading days will be quite informative for this stock, If we stop and reverse from here (with some volume), I would suggest we are entering a possible Wave 3 which should be a strong upward movement of some significance.

    One to "keep safe" in the short term - keep it on close watch from this juncture....
 
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