BioSante Pharmaceuticals, Inc. (BPAX)

[originalnewt]

I am not disapointed or surprised with todays action. After a 40% gain it should be expected to have a pullback, today was about a 50% retrace of yesterdays gains. Todays candle combined with yesterdays has created a bearish harami which is actually bullish 53% of the time serving as a bullish continuation pattern rather than reversal (though still pretty random at 53%) If you would like I could do an annotated chart for you tonight when I have access to a comp. right now I am on my phone.

I am bullish on BPAX.