(Total Views: 357)
Posted On: 03/28/2018 10:01:21 AM
Post# of 75391
Just looked at the 1 yr daily chart - looks like it will take a significant push over .03 to get the golden cross . Eventually it will happen- just takes time. First time I looked at that chart in awhile. Looks like we had a death cross about Aug 1
(which unfortunately played out)
Chart looks much better. News is looking good. BMIC not as good but it comes with the territory. We need really significant news to overcome the selling from the possible suspects -BMIC,various Lenders ,Meadows,Jerry, Lily, and possibly management to sell some of those shares to actually get paid for a change.
The real good news I feel- will happen eventually but those reimbursements could be a limiting factor in the upward push and momentum. The bigger the news, the larger the volume and the easier it will be to get through the reimbursements.
Good luck All.
(which unfortunately played out)
Chart looks much better. News is looking good. BMIC not as good but it comes with the territory. We need really significant news to overcome the selling from the possible suspects -BMIC,various Lenders ,Meadows,Jerry, Lily, and possibly management to sell some of those shares to actually get paid for a change.
The real good news I feel- will happen eventually but those reimbursements could be a limiting factor in the upward push and momentum. The bigger the news, the larger the volume and the easier it will be to get through the reimbursements.
Good luck All.
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