We may be in for a bounce and obviously that is happening off support at $1.02
Look for a bounce back up to circa $ 1.34-140 as best case scenario or just consolidation around these levels and my guess back down past $1 to fill the gap.
Thx Shylock
P.s Macd and stoichastic crossed in oversold which is a positive. Im calling a wave four correction to the levels specified above then one last push down
P.p.s Stoichastic on weekly showing some postive divergence just has to tick over now and looks to be pointing higher. Macd on the weekly still a bit to go but.
P.p.p.s One more piece of good news a series of gaps were created between $1.77-$2.00.More than likely If we are lucky they will be filled. When? is another question. Cant see it happening in the short term though
BTA Price at posting:
$1.11 Sentiment: ST Buy Disclosure: Not Held
