Pretty subdued trading over the past few days, going mostly horizontal with a lot of cross trading on medium volumes. One thing is certain: I do not see the 'pump and dump' gloomy predictions to be coming true any time soon. BCC have been trading within this new range for a while and those 'pump and dump' schemes would have made themselves known by now.
RSI and Stochastics show that BCC still got plenty of room to move up from today's position.
There was some bot/automated trading activity recently as there are number of trades that keep popping up in the $1-3 range for only a few shares during the close and open auctions to establish open and close prices. Not really a major concern however it demonstrates that the stock is not very liquid as such small volumes can dictate auction prices.
The demand in the .500-.540 zone is well supported, with some news we'll be getting another rise, future looks bright.
BCC Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
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