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Tuesday, 31 January 2012

Technical update on BPAX

BPAX is still looking good here in our books. We didn't have the quick move up like we were expecting from the earlier charts but BPAX is consolidating nicely here in the .60 - .70 range. (original post link  http://chartsbyoriginalnewt.blogspot.com/2012/01/bpax-068-short-term-play-on-chart-and.html )
The daily chart has been trading above the 20ma for just over 2 weeks now and today (Jan. 31) we had the Psar flip below price. Two more bullish signs to go along with our upcoming FDA date (Feb. 14) for BPAX's Bio-T gel. Which is starting to show a lot of positive sentiments toward approval in the chat rooms and analyst write ups!
 I want to send a congrats to those that were patient with DHT as well :-) Possible 74% gains so far! We will be sending out an update on ITKH soon also, as we try to keep on top of our winning streak! Financials should be coming out in a couple of weeks.
Happy trading and always trade responsibly ;-)

Daily

60 min.



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