No matter what time frame chart I look at I see a very nice pattern forming. We have had low volume the past few weeks or so and that's a good thing. Consolidation with low volume and the stochastics trending down = pressure. I would like to see this stock continue its pattern without news.
Be patient guys. This stock is setting up very nice without news. And low volume is not a bad thing. Seasoned traders are looking for stocks with patterns like BMSN is forming. Low volume just means consolidation with no selling pressure. This stock is not being day traded. I day trade and swing trade for a living on big boards and futures with the futures market being my bread and butter. This does not appeal to any day trader out there
This is just being shuffled around between the mm's.
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