Blackout Media Corp (BKMP)

[EepOpp]

i don't know what to say about charts because i do believe that ultimately, it's news that will be the catalyst for a move.

having said that, for the sake of the chart itself, i like the fact that the amplitude of the moves have quieted down. the price movement from one day to the next is tightening up; coiling if you will.

And it's doing it at a stable level rather than the horrid stair-step decline. it's very slowly building a rounding bottom.

Also, the accumulation/distribution trend is great.

The bad thing is the stochs are turning down.

Now here is the big test. Can the stochs come down to an oversold level without both the accumulation/distribution and the stock price tanking?

if yes, then we will have a very nice bottom to begin a move from. the longer the base, the longer the move.

the way things are going, my guess is that it might not be til the end of the summer til we get a nice trend upwards.

But then again, this is my free opinion *AND* you get what you pay for. ha!

-EO