Bioelectronics Corp (BIEL)

[seven-up]

Are You Ready-BUY-BIEL-DO-NOT-BELIEVE-POST-WITH-INCORRECT-INFORMATION
The saying goes "No Pain, No Gain" and last night we brought a FULL REPORT on a company working to actually generate significant gains from managing pain! We also noted a VERY INTERESTING Sub-Penny Bottom Bounce chart set-up that could ALSO be in the works heading into this morning:

BioElectronics Corporation (BIEL)
Today we've got this in our sights. Not only has the company been growing this year as you'll see below but the chart on this one could have all the tell tale signs of repeat breakout contender! BIEL has not only shown a history of bottom bounce breakouts from EXACTLY Wednesday's closing price point BUT it has also managed to uphold a near 6 month support level EVEN AFTER seeing heavy downward pressure. This indicates to us that there could be a true reversal brewing...
What's more is that BIEL isn't chart a pretty face in the chart world. The company is a leader in Bioelectroceutical devices and the maker of an industry leading family of disposable, drug-free, anti-inflammatory devices: ActiPatch® Therapy, over-the-counter treatment for back pain and other musculoskeletal complaints; RecoveryRx® Devices for chronic and post-operative wound care; HealFast® Therapy for veterinary applications, Allay® Menstrual Pain Therapy and Smart Insole™ Heel Pain Therapy. To see what the company just accomplished via a new study, read last night's FULL REPORT.
BIEL has made it its duty to deal with pain. According to the Pain Management Therapeutics Market Research report from Transparency Market Research, the global pain management devices market was estimated at US$2.0 billion in 2011 and, growing at a CAGR of 13.1%, is predicted to reach US$5.0 billion by 2018.
With such recent success during its second quarter as well as the inclusion in the 9th Congress of the European Pain Federation, BIEL could be on pace for a strong year. Heading into Thursday we feel that with these highlights and the current chart set-up, BIEL could start to hit many more scanners for a potential bottom bounce breakout heading into the open!