Biocentric Energy Holdings, Inc. (BEHL)

[fresco]

We're at the 150MA on the daily. All the selling pressure will be letting up somewhere in this range as all those traders who got in before the late July spike are done taking their profits. These are the folks who made money and want to get out with their profits in case the stock falls back to the .01-.02 level.

But this is a good time to consider loading up again. I'm starting with a small position and will get aggressive if it gets down to .01.

I have a number of long positions in this company. I think their due for some activating news. A lot of traders look for a price spike with volume to get in.