Inflection point prediction June 14thChart symmetry has ruled WTI oil and I can see a very similar pattern emerging in BTE. In looking at the one-year chart I arrive at the following:
Inflection point after the steep decline from the highs was August 25th, 2015.
Low was 147 days later on January 19th, 2016.
Therefore according to the chart symmetry the new inflection point upward will be 147 days following the January 19th low, which is on or around June 14th, 2016.
On or around two weeks from now we should see a heavy rotation back into this stock.
Stay long or you will miss it. Could possibly see a buyout before this happens.