BAB

This shows how important it is to take profit when it's on the table:



dl.dropboxusercontent.com/u/20815047/FTS...BABdaily10_02_14.png

After the breakout bounce it's returned to the support level and closed bang on it with a shadow dipping slightly below. RSI and MACD both trending down so it looks a lot like a good short with stop above the lower high from the other day now.

Target would be 1250p level if it breaks down from today's close/low.

Shame I missed this the other day but it had a perfect backtest of the last breakout point and may now go on to new highs. Just thought I'd post it for illustration purposes as it's a bit too late to enter this trade now:



dl.dropboxusercontent.com/u/20815047/FTS...BABdaily05_02_14.png