The above chart was posted on 20/11/19...........and that significant test @ $5.19c. has (finally) occurred.
In the meantime a back test of HORIZONTAL support @ $2.40c. was also tested on 23/03/20, a general timing of the NADIR for ALL stocks.
Consistent closing prices that respect SUPPORT above $5.19c. will be the catalyst for the next TP/resistance test.....the up trend sd line......somewhere north of $6.20c.
Another positive!......the retrace CLOSING prices have respected support at the up trend sd 2 line.
Just my take.
Cheers.
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BWX Price at posting:
$4.74 Sentiment: Buy Disclosure: Held
