ABA_Jun 26, 2012

1. ABA is a "watchlist" issue as it appears to have completed an Elliott pattern with a 5th-wave failure
2. ABA is poised to start its rebound. "Poised" because it is still beneath the  kumo (Ichimoku cloud) and ABA must breach .75 to be convincing
3. This apparent rebound is supported by the breach in the 0-2 trendline
4. A breach of the RSI wall at 51.96 will be another confirmation of ABA's bullishness
5. Not quite a DYM, but a good specimen to study
6. I took a position today because wave-4 is a "bullish R-4!"