Good Morning!
Don’t forget BWPC has come out of nowhere in the last few weeks with
the force to get me thinking of how this baby was bouncing 110pct recently.
It takes more than a little effort to get a chart the size of BWPC moving
0.49 isn’t exactly a dust cloud and market cap is surprisingly robust.
With share volume leaping from zero all last month into the 70-90K range,
there’s finally real skin in the BWPC game again.
Lets not forget, yesterday BWPC dropped like a rock, falling almost 18pct
below the bottom bollinger band, creating the perfect bottom bounce setup.
RSI - Oversold at a value of 11, Very bullish
Price - Fell 18pct below the bottom bollie. Bullish
MACD - Trending down and showing a bullish reversal.
I like situations like this where the other guy got the rock rolling because we
don’t do all the work. We simply ride along and reap the rewards.
After all, physics says that once you get a mountain like BWPC to budge,
it takes force to get it to stop or even change direction. That’s “inertia.”
As it is, BWPC is budging nicely in the intraday even if the larger price trend
has yet to reflect the new pulse of turnover coming into the chart.
A good day might take BWPC from 0.49 all the way to 0.75. The “little”
moves unlock 10pct to 20pct . . . provided of course you’re paying attention.
Who doesn’t want to get ahead of the turns? After all, being in the game before the other trader is what they call the “catbird seat.”
And right now BWPC is practically aching for bounce as this chart is itching
to continue to live up to its historic single day triple digit moves.
BWPC really can go anywhere now. This is a chart that can soar to 0.90 on no news at all . . . what happens when it actually has a headline to ride?
The odds of that headline on the horizon are just too tempting to pass up.
Something’s pushing BWPC around . . . let’s be in place to ride the wave.
If you have not started your research on BWPC, do so right away and enjoy.
Sincerely,
StockHideout
