BIH Corporation (fka BIHC)

[FOURWINNS]

Hi Zack BIHC

Well, I sure would like to post something encouraging but today was a bearish engulfing with volume. To see any short term movement we will definitely near to see a gap open off this close. That gap open on March 19 is surely pulling hard and I would be very surprised to not see it fill down ot .0011. I know this is not what you want to hear but I only do "Tell it like it is TA" when asked. On the Mar 24 weekly chart we see a huge doji and a struggle so far to even breach back to the .003. All the DD in the world can not oppose what the Japanese candlesticks are saying. Entry at these levels would be very risky. I would wait for some confirmation of a reversal. More volume this week surely could help

Four