[ATTACH] There are a number of TA patterns formed and forming in...

There are a number of  TA patterns formed and forming in BFC. Nov/Dec saucer patterns 'played out'/performed. the december one with a base of 37 and a lip of 44 came thru with a 51 target which has since turned into a support level.
January sees A Flag/ Ascending Triangle as well as a possible channel "set Up".
Also possible is the development of another saucer over last week with lip 56 base 51 but this saucer is not too purist.

Anyhow all these indicator Patterns are Positive. They target at least a rise ON Breakout of "Flag" from 12 to 20cents [high 60's/70's] or saucer into low 60's. Bounce to channel top also would have 60 end of next week.

So it all comes down to
Fabulous BCF specific news issued at same time as 'favourable' General Market Sentiment [ie DOW didn't lose 200pts+ overnight/China is not thought to be going Broke] then a 70 cent Spike is possible.
No news but improved General Sentiment 60's, low 60's is indicated.
News but down Market Sentiment and assume 51 will hold as support and could be a 60's hit but retrace.
ie channel is confirmed, flag flaps out irrelevant.

happy trading