Thin TradingLooks like we are headed for another leg down with large sell orders starting to pile up below a $1.50
I was hoping for some form of consolidation at or around the $1.40 to $1.50 area but instead, volatility is increasing along with a very bearish trend.
fwiw, as I see it, if BNG breaks through the $1.30 level the next support will be $1.15 to $1.20 area ...... not very encouraging for the longs, however on the other hand, maybe a chance to snag some with a stink bid just above a buck.
Cheers