Long $BSMX Day 19 Analysis

Today was a good call from yesterday’s game plan. I was pretty much right on the money. It had a gap down opening, which recovered pretty quick and the volume was around the same as yesterday. The only thing was it didn’t close green. It traded green for a while after the recovery, but ended up closing even.

Weekly Scorecard
CostCloseChangeTargetHighTarget%
$10.18$10.392%$15.00$10.7011%
This week looked like a manipulated MM low volume test. Hopefully it is preparing to move out of this area and start trending higher.

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Long $BSMX Day 14 Analysis

Today was a good call from yesterday’s game plan. Again, I said any move today would be slight, and -$0.2 is pretty slight. I have a feeling this might become a broken record.

Weekly Scorecard
CostCloseChangeTargetHighTarget%
$10.18$10.473%$15.00$10.7011%
It seems to be in phase E mark up now as it has retested the upper trading range line and moved up off it. We are in a bit of equilibrium now and need something to get it moving, but slow and up is fine with me.

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