supermum's pantry

Bada - AFA is one I have been watching - with more than a tad of interest! This is a beautiful example of a cup and handle - I have been waiting for it to hit the last close of 24.75 and 25p is, for me, the buy in time. Two cups are imo FAR more bullish than one as it indicates an ascending triangle, so you have the 'power of two' HOWEVER I haven't bought as the RSI is hitting an overbought level (96). It IS still in the price channel and the Bollinger Bands are containing it. I THINK the price may drop a bit to pull back to the MA lines. but all the other indicators are looking very good. I learnt to my cost with JKX during the summer that with some stocks, being over bought is not always a factor that the stock cares about!!!

SM