chart predictions for retrace

Here are some observations on BLR ive noticed:


BLR Daily:

Stochastic is still falling. Im thinking it may pull up around the 38.2% area and a possible trendline support. If not here, at least before the 23.6% line. There is also a gap i just noticed it may fill too. See the next charts to see why I think it may not go lower then 5.2 again.




BLR old daily1:

Here you can see the previous rally retraced just above the 23.6% line. A similar move here would see it fill the gap.




BlR Old daily 2:

This is even older and covering a longer time frame. However, you can see it bounced right off the support at 23.6.

These charts lead me to believe blr will bounce between 6.2 cents and 5.2 cents (filling the gap if it gets down to 5.4)