If you’re going to make extreme (and nonsense) predictions like that the least you could do is back it up with meaningful technical analysis.
For example:
1) the stock is currently oversold on the RSI.
2) Bullish divergence on the MACD indicating a possible reversal
3) Extreme volume on April 6th which could arguably be called stopping volume and the first sign that smart money was beginning to accumulate stock.
I can’t even see it hitting $1.70 let alone $0.70.
BLA Price at posting:
$2.48 Sentiment: Buy Disclosure: Held
