Bakken Energy Corp. (BKEN)

[fawd]

Appreciate that stockticks.

Couple things to keep in mind from a fundamental standpoint:

1) Chart is WAY oversold at current levels. WAY WAY oversold. What we saw this week was impatient retail (Can you really blame them? I sure don't) So at the very least, you're going to see a nice rebound from where we are now. Lots of fresh blood coming in as well as longs scooping up more 'cheapies'
2) Up to this point, we haven't touched the 200ma. This is a good sign overall. And judging by the volume last week - the worst of the storm is over


Couple NON-fundamental things... Now absolutely do what you gotta do... but keep this in mind: coming from a guy that never once said ".30 NEXT WEEK"....

I'm telling you there is a really, really good chance we approach 52 week highs by the fourth week in May. Things coming our way that go beyond chart fundamentals. I'm still confirming the details but if its even 25% true... well, you'll still make a profit my friend.


And my DD isn't coming from 'some guy' on iHub ;)