Panjang

Bullish on BV

BV has recently seen a spike, jumping from the $4 range to $5. Although it gapped up, it has not moved down, rather it is now trending sideways and has re-entered the Bollinger bands. Also, the moving averages have gone bullish. EmA(9) is above (20) which is above (50) and above (200). The moving averages are now moving up to adjust to the new price action and is cents away from touching the candles. Also, a break out of $5.50 should be a considered a bullish move up and this stock may take off. Well thats one man's opinion.
Trend Analysis

Penafian