Bemax Inc (BMXC)

[Shepo69]

Short term like on a intra day basis. Current leg made a high of .0334, then pulled back to .0255, then climbed back up to .0313, now is at .0265 So lower highs over the last day or two, but also higher lows, so Actually it is forming more of a flag or pendent type formation, but point is, IF some one was able to sell at the high of .0334 then rebuy at .0255 then that would make sense to do BUT i agree with you 100%, at this time ( TODAY) we are at the bottom of the cycle or formation, so I would NOT sell here as no support has been broken, and this is where you should be picking up shares.. if you were looking to buy in.