chart 14th of nov pricing channel

This post is about pricing channel and for those who's interested please click on the following site.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:price_channel_contin


Bsl has fallen under this uptrend pricing channel, for some reason, this BSL doesn't like to consolidate, as we can see it from the chart, when she was in a down trend from 2008 Nov, she was in a down trend pricing channel and in june2009 we had a break, and she went up right the way.

How she has fallen out of this channel, trying to use the horizontal $2,80 as a support. Maybe she will now try and consolidate here, and go side way, I personally believe she will now in a fairly tight range for $2.84~$2.94 for a couple more days before making a move. Such move could either be a fall under $2.80 I will sell, or $3.18 again. Short term target is of course the good old $3.38.

I don't see any need to rush in yet. And yes I hold BSL.

Because I am such a honest person.