ING GROEP ADR is delicious

I always like those stocks where the Bollinger Band has been sqeezing and ADX falling like a rock below the 20's level. Preferably those ADX has been 'dead' for a while.

This stock fits the above nicely and it comes with a bullish divergence at both the daily and weekly chart. I just love it. I think it is going to go far. And last Thursday it had just blown up above the upper Bollinger Band. I will wait for the D+ to go above prior peak to make sure it is another false break.

If the bull successfully arrive, I think we could easily see 17.50 / 22.00.