Hi jlriches... I know BLY is a market darling and I know it was 22 the other week and now 7.6. I can hear that there is a need to see this back up. Certainly the level of risk has diminished. All I can say is that when this sort of price action happens, it usually has 1-2 cent runs but struggles to get back above 11 cents. Reminds me of RAU in it's pattern and possibly ADY which did run back up on a boom before crashing down. So - short term play is between 7.6 and possibly 9.8-10.5 at which point it will hit resistance...
