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Re: None

Wednesday, 06/07/2006 12:47:05 AM

Wednesday, June 07, 2006 12:47:05 AM

Post# of 30387
Technical Update: Bocxman, we are as you say "barely hanging on to the bullish flag pattern". However, as silly as it sounds still are very much in tact. We still have solid support @ $.89 (50 wk MA) and $.85 (200 day MA). I know we dipped below $.89 today BUT managed to close above it. I have been incorporating TA into my trading for years now and believe me, others are also paying attention to these levels and it's not at all a coincidence that we closed above somewhat respectable volume (at least based on BOCX's avg.). Until these levels give way ON A CLOSING BASIS, the bullish pattern from the $.60 breakout is still in tact!

See charts below.

http://stockcharts.com/h-sc/ui?s=BOCX&p=W&b=5&g=0&id=p81141284342

http://stockcharts.com/h-sc/ui?s=BOCX&p=D&b=5&g=0&id=p35190957270

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