Rivulet Media Inc (fka RIVU)

[Hexenmeister]

Yeah we closed red but if you look at the chart, a very significant thing happened today and I am surprised nobody has mentioned it yet.

Today's low and high were significantly higher than yesterday's low and high. This is the first time since 18th March that we have broken the previous day's high. 19th March is when the chart went out of the triangle. If we can break today's high tomorrow and not fall below today's low, that would be a great sign and would trigger some serious buying.

A long green candle is long overdue and we will see it sooner or later. Longs like me probably won't recover from the setback in one flash but the long green candle is just around the corner.

The chart pattern that we see from Dec 24th 2012 to today seems like a magnified version of the chart pattern between 24th Dec and 7th Jan. What is happening is just consolidation on a larger scale. I could be wrong but hey, if you can bash, I can look at the positive side.

Nobody likes losing money. BMSN has been a gut wrenching ride but it is not over yet.