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  4. Music Licensing Inc (SONG) Message Board

$BLDW has closed green on high volume during each

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Post# of 1004
Posted On: 08/09/2013 10:10:04 AM
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Posted By: jerseystrong
$BLDW has closed green on high volume during each and every trading session this week.  It appears more and more smart investors are taking wind of this up and coming company, so to speak. 

Volume and close price by day this week:

8/5: 841K in volume with a closing price of .044.

8/6: 1.19M in volume with a closing price of .046.

8/7: 1.03M in volume with a closing price of .049.

8/8: 774K in volume with a closing price of .05.

Each volume count by day this week has been at least four times the 3M average volume.

Add technical indicators into the equation such as the accumulation spike, the increasing RSI, the upturn in the top Bollinger band, to go along with the high volume, $BLDW looks primed and ready for a breakout.

Chart: 


Bullish run imminent, from a DD and technical standpoint, IMO.


$IFTF$


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