daytrading feb 10 morning, page-175

  1. 2,889 Posts.
    Trees,
    BMB has had a nice rise since breaking through resistance at 1.2 and looks like it is due for a rest and test for a couple of days. The SP spent a couple of months of accumulation under this level and it would be surprising if there wasn't a test of 1.2 before any further progress.

    PEN doesn't seem to be rushed with demand after today's announcement and I am still waiting for a test of low 6's

    BLT is having a low volume test day and maybe supply is drying up and another up move may be imminent! (A favorite word for PENers!)

    AKK is having support at 3.6 tested today and while supply keeps trickling into 3.7 it isn't going anywhere.

    TSV remains locked in it's accumulation range but a bit more action at 1.1 may see it on its way back to 1.5 - 2.0

 
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