Biocentric Energy Holdings, Inc. (BEHL)

[PhlipSky]

BEHL chart 12/08.

http://picasaweb.google.com/lh/photo/8NdakVacbTAMQTDGQpKn3g?authkey=Gv1sRgCMnDhoO355HpVg&feat=directlink


0.01 support was hit, then bounced a little. Supports are;

0.01 0.008 0.0063.

0.008 price support line meets with downtrend channel support. It may come soon this week.

Today showed 0.01 support was tested and bounced, but bouncing was not strong, closed 0.011.

MACD daily shows it'about to cross down.
SMA 50 is about to cross down SMA 200, possible long term down trend on the way.

My opinion is to watch for 0.01 and 0.008 for possible rebound. I would trade cautiously on 0.01. I would go into buy 0.008 when this pps hits and MACD turns to positive.

Today's joke:

"Once again, Another Invention" - DF aka Dennis Fisher