Nice little pop from BE riding with other similar names, but its getting trapped under the 20MMA around the 0.5 retracement and RSI heading into the lower quadrant this will likely be the start of the real bear market from herein.
Next stop $8
Not advice.
Next stop $8
Not advice.
Comentarios:
BE ending the week right on the 0.618 now with some wick, but more imprtantly probing through the 50WMA - this will most likely prove to be a fakeout and i've added to my poisiton here.
Also notice the gap - that will most likely fill.
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