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Tuesday, 09/16/2014 11:01:16 PM

Tuesday, September 16, 2014 11:01:16 PM

Post# of 106828
Technical analysis DEATH CROSS setting up - it's getting real close. The 200 DMA and 50 DMA have been merging for the past month.

If the 200 DMA breaks above the 50 DMA (same as 50 DMA dropping below the 200 DMA) it's a major bearish, heavy selling signal typically. It normally means a sharp price downtrend is coming.

BHRT is technically in a down trend right now- as it's been trading well below it's 50 DMA and has also been below the 200 DMA for about 10 trading days now. Any stock trading below the 200 DMA shows extreme weakness per technical analysis. The PR "news" today didn't budge it above the 200 DMA, in fact it sold off 4% and also sat for about 1.5 hours, flat-lined at the end of the trading day. The last trade posted was 2:36 PM Eastern, almost 1.5 hours before market close at 4 PM. Not a single trade in that 1.5 hours and the vol today (despite the PR "news) was low, lower than even the recently low averages.

http://www.stockopedia.com/chart-signals/death-cross-5179/

http://www.nasdaq.com/investing/glossary/d/death-cross