looking ripe for a breakout

Just from a TA perspective the weekly looks set to explode with an upside target of $2.30 imo.

BND also showed strong support off the 100 EMA recently on good volume and a momentum occilator break up.

I have an acending triangle pattern playing out but thanks to the recent 'mini crash' I had a chance to get a good entry into BND which just seems to power on up!! :)

On another note. I just bought again today and bid the price up to 1.85. I refreshed market depth and there were already piddley asks lower than 1.85 (which in theory I just took right out!) and then a little sell over to the bid side of 1 share back down to 1.85!! This suggests algos & bot players!

The point is GAMES are being played and games mean someone with the facilities to play them has only accumulation on their mind. Smart money? IMO - yes.

BND looks the goods. See you at $2.30 if not, maybe higher depending on the overseas interest as I have seen expressed of late.

Trade the trade and stops just below the lower trendline for me.

GLA!