For anyone currently concerned about the price drop with BRN, I...

For anyone currently concerned about the price drop with BRN, I believe this chart gives a pretty clear indication that this is an expected result of such a sharp price rise over the past week. Once the price hovers above the top Bollinger Band it is generally an overbought indicator. Also when the RSI rises above the 80 mark, this also indicates an overbought signal. The MACD is still trending upwards, as are the Bollinger Bands, both positive indicators to me there is no need to panic at this point in time.

The Bollinger Bands are great indicators of potential Buy/Sell signals, especially when they squeeze together in a huddle attempting to decide which way the price is about to trend. Notice around the 27th July once the squeeze was starting open up, also notice on both the 28th July and the 25th August price moved above the top Bollinger Band indicating an overbought signal, confirmed by the RSI. In all this time though the MACD has trended upwards and the 9 Day SMA is still crossing the 18 Day SMA, all good positive signals. Current support appears to be around the $0.60 mark. This is just my humble opinion of course though. This chart will assist me in sleeping well tonight though!