RE:RE:Back to $1.35
deepblue wrote: Told ya.
told ya? SP hasn't dropped again to that price.
On the daily chart... Since mid February, BXE has been trending on the RSI and pulling off higher highs on the lows. It looks like it's currently bouncing off the Senkou Span (ICHIMOKU CLOUD) top part of the cloud. Ichimoku cloud showing bullish trend on the horizon. $2.17 looks like a false breakout as the RSI over 69.10 was tested. You may see this bounce tomorrow and then the beginning of a bullish trend next week.
On the hour chart. there was a bounce off the 1.56 at noon and oversold terrority on the RSI that looks to be trending. Selling pressure slowed down from 1pm to 2pm.