BGT Chart, page-316

There are some optimistic technical indicators of significance all taking place at once, and coinciding with near term news on the horizon.

BGT could be in store for a re-rate.

• Bollinger Bands are tightening considerably after a long period of soaking at the 13-14.5 levels. These tight bands usually follow a period of high volatility. The last time this took place (purple squares) BGT quickly ran from 13c to 22c.
• Inside Schiff fork downtrend now outside of the highest part of its channel. Next few sessions will confirm if it bucks the trend.
• Sitting on the 236 of the Fibonacci retrace from the recent high of 22
• SMA50/SMA 20 golden cross looming.
• Weekly chart closed with a bullish engulfing bar encompassing the last 5 weeks (Strong indicator of supply thinning)

Those who recently got in I think have timed it quite well, I evidently was far to early on BGT. This year should hopefully make up for the patience of those who've held from the beginning.