Replies to post #38292 on Bulova Technologies Group Inc (fka BTGI)

[Porteño]

I have been watching and holding BTGI for a long time now. This is a very different stock than what it was end of last year.

From a Technical Analysis point of view, I like that on the weekly chart the MACD has been positive since September of last year. Positive slope usually indicates accumulation and runs usually happen when MACD reaches the 0.000 levels which is where we are at now. We have the weekly RSI 50 below us and WMA(50) as supports levels in case of a drop. Daily chart has cooled way off since run to 0.0094.

I firmly believe a powerful run is coming. Chart is primed for it so now we just need a catalyst which is supposedly coming this month.