The BMSN daily chart is showing the classic inverted Bunny Ears Formation. It is well known that the Inverted Bunny Ears Formation is a precursor to a drop in pps.
Like the Death Cross, the Inverted Bunny Ears Formation is completely made up and should not be paid attention to. The Inverted Bunny Ear Formation could also signal the end of the Easter Season, so investors should hop to a buying and accumulating strategy.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.