GREY:BIXZF - Post by User
Post by
hl7ton Jul 28, 2011 1:12pm
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Post# 18883749
Chart update
Chart updateBXI's recent low of .94 is in jeopardy of being undercut.
Any trades below this last recent support level will trigger a share price fall to .64 where bxi had it's initial breakout.
That .64 resistance level will then turn to support.
If share price holds at this level .94 and modestly rebounds then a good case can be made that the final bottom will be put in place.At that point we can start building a more constructive chart structure.
This event is imminent and suspect next weeks news will be the trigger.