It's what the Market does It is common for a co
Post# of 7800
It is common for a company that has had a sharp rise in SP to have a period of Profit Taking/Consolidation.
From October 1 to November 16 BIEL increased 114%. Since BIEL currently trades in fractions the significance of that move may not be fully appreciated. It would be equal to a $25 stock increasing to $53 in less than 2 months.
BIEL found support at 12, more traders willing to Buy than Sell.
BIEL's SP will most likely go through more Profit Taking/Consolidation as it rises.
The BIEL Fundamentals will remain, numerous OEM/Licensing/Distribution Deals being announced and generating revenue over the next 6 months.
Nov 19 2020 0.0012
Nov 18 2020 0.0012
Nov 17 2020 0.0014
Nov 16 2020 0.0015
Nov 13 2020 0.0013
Nov 12 2020 0.0013
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Nov 09 2020 0.0011
Nov 06 2020 0.00115
Nov 05 2020 0.0011
Nov 04 2020 0.001
Nov 03 2020 0.001
Nov 02 2020 0.0011
Oct 30 2020 0.0011
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Oct 28 2020 0.001
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Oct 22 2020 0.0009
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Oct 20 2020 0.001
Oct 19 2020 0.0011
Oct 16 2020 0.001
Oct 15 2020 0.0008
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Oct 13 2020 0.0008
Oct 12 2020 0.00075
Oct 09 2020 0.0008
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Oct 07 2020 0.00075
Oct 06 2020 0.0007
Oct 05 2020 0.00075
Oct 02 2020 0.0008
Oct 01 2020 0.0007