PuraMed BioScience, Inc. (fka PMBS)

[ospreyeye]

PMBS Chart: Sweet close above resistance on Tues.....as this chart shows a solid base formed during Dec. & the 1st two weeks of Jan.......the benchmark price to close above during the base forming process was 0.0024..........the closing price on both Dec. 19th & 20th........Tues.'s closing price was 0.0027.......

HUGE TECHNICAL DEVELOPMENT!!!.............major resistance has been broken w/ the close above 0.0024 on Tues..........the chart below clearly shows that was a monumental feat.........

Parabolic SAR had a bullish flip on Tues........SAR means Stop & Reverse..........according to SAR the Downtrend has stopped & a new Uptrend has begun.......when PMBS closed above the Middle Bollinger Band @ 0.0018 on Fri. It signaled a new uptrend was beginning.........Tues.'s Bullish move was confirmation.......MA's(7, 10, ,20) are all @ 0.0018........FLEX POINT......MA(7) is Bullish Crossing MA(10) & they both are Bullish Crossing MA(20)/Middle Bollinger Band..........Double, no Triple Bullish Signal......

Here's an interesting development, PMBS is set up very similar to some other recent runners..........the key is MA(50) @ 0.0034.......that is the MAGIC #........once PMBS breaks MA(50) and forms candles above that level a major breakout could follow........the chart is set up to run..........Fast Sto @ 73.68 & heading into the Power Zone.........Full Sto @ 51.23 & RSI @ 54.29........just crossed 50 on Tues. & are now in the Bull Zone w/ juice to run...........

The key is MA(50)........form candles above MA(50) & it's Showtime!...........$$$