It seems like the whole market took a sharp nose dive at around 2:30 EST today - all the banks, BHP, RIO, in fact the XJO in total. I had the feeling I'd missed some sort of major announcement, but I haven't found anything yet that would explain the drop.
Regarding BRM, it's clear now that it will not close above $2.73 today, as I'd been hoping for in my post (with chart) earlier.
It looks to me that the next logical level where support may be found is at $2.49, but I will do an updated chart after the close tonight to see what that indicates.
Regards, Bones
BRM Price at posting:
$2.58 Sentiment: Hold Disclosure: Held
