Well, the CCI indicator showed a bounce of the 0 line indicating only a healthy pullback. Probably all the promotion players dumping the last few days.
Once again we had a Thursday run and it will be put to the test on a Friday. Until this breaches the 50ma I would still expect a gap fill sometime in the near future. However, previous accusations would incline me to state the gaps do not have to fill, but they generally fill 95% of the time.
With enough momentum it could leave that gap in the dust on it's way to a true multi penny valuation. But can only opine that we just cannot get there before FDA IND approval for Phase I/II clinical trials for BMSN on HemaXellerate I™ Stem Cell Drug for Aplastic Anemia.
I've been waiting a long time for the TRIX black line to cross the red, and it is starting to do that indeed. With the standard setting at 15,9 TRIX black = -3.048 and TRIX red = -3.208. So it's just starting to show momentum is shifting towards going up.
Just to show the significance of that, BMSN has not had the black line above the red line on the TRIX oscillator since late February amidst that last run.
