Biocentric Energy Holdings, Inc. (BEHL)

[surfstocks]

I don't believe he was relying on SMA only Philip. If you check out his past posts you will see he was looking at the MACD trends and MFI (MFI having fallen off a little the last 2 trading days). He is also following the companys' progress regarding the CE issue and the revenue that we're expecting in 1Q 10'.

When you're trying to catch a bottom of a stock that you believe is going to correct back to the upside, the chart is never going to look great. That's the speculation. You're looking at micro and macro trends that you're coinciding with news and the fact that we haven't had news in just about a month leads us speculators to believe that the next wire will be a monster.