BKN Chart - ST Target $2.50

I've been studying the chart for BKN and it looks like the next resisitancd level now that $1.90 broken is $2.50. This point turned from support to resistance historically and will be where the price is moving on this re rate.

There are a lot of prop sells coming in causing perfect fib refeaces on every leg up on the past two days. Instos / accumulators do this - they are buying up big time. Spikes in huge is also very felling as to how bullish the price is.

Anyway, not sure where it will close today but this bullish close end of day looks the real deal. Expect a gap up in Monday, and ST target $2.50. From here it will either reverse or if pushes through will head toward next resistance.

Its great to see this stock return to a more reasonable market cap as it was in the past.