BBH Update

Recall on May 4th I posted patterns that were developing in BBH. My intention with this post is just to show that following chart signals for channel trading work. It's always great to have such patterns as the signals are somewhat predictable, though one has to be a little flexible and patient.

Before: May 3th Chart



After: May 11th Chart, dropped 7ish points



Synopsis:

1) Negative divergence in RSI and 2) making higher highs in price but lower highs in volume. Keep an eye out for a buy signal around 170-3.