Biocentric Energy Holdings, Inc. (BEHL)

[jbsliverer]

I don't think to many day traders are here, to low a volume and can't really get enough gains for most that trade that way. To many other places to put that money for more action and better decision for the money. I actually have about a .0095 support line or low pps range from a previous descending wedge that was broken and have a pretty good buy there, but didn't get anything to mention as of yet.

Triangles are only so good, and aren't really there until confirmation and after the fact and good to wait until after a solid breakout IMO. The current triangle has really turned into a descending triangle from a bullish pennant which can be taken as bearish and is watched for downward break. But there are way to many problems with that triangle in this instance. BEHL isn't in a upward or downward trend, spaces of lows and highs are pretty much nil, can be voided and faked easily,yada, yada, yada, so I don't take to much weight in the bottom breaking momentarily.

I expected a fake out at the end of this current trend which IMO is currently happening. Of course I can be wrong, but given a lot of other TA's and current changes and happenings going on with the company, I just can't see anything but the computer doing its thing. I'm still gambling that it's going up and have been increasing my position for longer term outlook than this week.

Anyway I'll post a chart later showing what I'm talking about for discussion for anyone that's interested in the TA debate. I'm always up for any analytical review and input. I'm definitely not infallible and have lost my share of money, but obviously I'm counting on a win here.