Black Dragon Resource Companies Inc (BDGR)

[charts talk]

There is no need to go lower, unless one is day trading, shorting and covering, or dumping.

There is no chart reason to state we need to test the recent low. The MACD, Williams %R, Fast Stochastics, Slow Stochastics, and even the after the fact indicator - momentum ,ETC, ETC, ETC. show that.

Thus, unless there is a concerted effort by - see Para. 1 - A NEW LOW SHOULD NOT BE SEEN AND IS NOT JUSTIFIED!!!!!

However, I do see desperation trading!!!!!! Which cannot last forever.

From a chart perspective, NOV. 14, 2007 (at $0.025/pps)was close enough to test the old low/set a bottom.

Thus, I totally disagree with: ---- "We may test the resents lows to form a base and changing direction."

It may happen, but it will be because of a “DRIVEN EFFORT.

Charts