mikeovanes -
BANR was never in an uptrend, it's just a basing stock. For
now it's holding support at the 50 day MA and long basing trending.
Stochastics are now oversold so it has a chance if it can
rally off this support area. Otherwise if it loses support,
it will simply chop around and base out longer
Also for you post, the 'Titlelink' is used to condense a large
post, we don't use it to post small posts.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
BANR
Posted by mikeovanes on 25th of Feb 2011 at 02:27 pm
mikeovanes - BANR was never in an
Posted by matt on 25th of Feb 2011 at 02:36 pm
mikeovanes - BANR was never in an uptrend, it's just a basing stock. For now it's holding support at the 50 day MA and long basing trending. Stochastics are now oversold so it has a chance if it can rally off this support area. Otherwise if it loses support, it will simply chop around and base out longer
Also for you post, the 'Titlelink' is used to condense a large post, we don't use it to post small posts.