Hope you're right mick, but there's always lots of "on the verge" instances. Those points are usually at some sort of resistance. We looked poised for a breakout in early Jan when it hit the descending trend line, but it failed and continued down.
.036c is a very important price, and we didn't break out of it today, despite having pretty decent vol. I think todays vol may add weight to the next move (up or down).
I do like charts and please keep updating, but we need a breakout aye (on big vol, or with a re test of the trend line).
Hopefully your next one will show that!
BCN Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
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