Bakken Energy Corp. (BKEN): ~Merger Player~

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MarqueeGemFinder

Re: ~ Merger-Player ~ post# 12033

Saturday, 03/29/2014 5:27:24 AM

Saturday, March 29, 2014 5:27:24 AM

~Merger Player~ - with ORFG chart ready

Strong hold of the MA50 against the declining extended wave. Expecting a huge bounce now as the chart has been ready several sessions for a break of .0456 pps. All indicators reset. RSI low 40's- back to where it last launched 1000% in 6 sessions.

Due to relatively small float and the strong position of LONGS here- one HUGE BUY session and we could break though .045 and then .06+. A break of .095 pps coupled with a company (fundamental) catalyst and we could go parabolic as market maker activity has been indicative of a savvier short play than expected turned into a potential bear raid that moves exponentially up the charts. Check the two largest trading session days here and the moves it made by percentage. A green session near 15 mil volume and we could easily see 100-200% intraday.

All the best
M

Just this old man's OPINION. Never buy/sell any security based on my post(s) as they are just opinions and only meant for educational purposes. I DON'T receive any comp. of any kind from any company/3rd party mentioned in my post(s).