ALTHOUGH THE STOCK HAS JUMPED THIS WEEK, IT IS NOT TO LATE TO GET IN, BUYING PRESSURE IS IMMENSE AND THE STOCK HAS A EASY 50% UPSIDE POTENTIAL LEFT IN THE TANK, ON THE BACK OF GROWING EXPECTATION THE COMPANY WILL HAVE ITS FIRST APPROVED DRUG FOR SALE AND AT LAST GENERATE PROFITS .
AVERAGE ANALYSTS PRICE TARGET $118
AVERAGE ANALYSTS RECOMMENDATION ...
BPMC is printing a bullish full-body hammer candlestick over candlestick price bar on heavier above average volume with my momentum/trending oscillators confirming the price move. I am going long BPMC on Thursday using a limit (GTC-BUY-LMT) order @ 76.00. I will have one trailing sell stop (GTC-SELL-STP) @ 70.82 to protect my initial invested capital in case BPMC...
- non break-out volume is on the low side
- overall bear market in the past few days w/ high volatility
- price range is a bit wider than ideal
+ broke out today under extreme high volume
+ support from both fast and slow ema
+ narrowing of bollinger band
+ 5ema pierced through the middle of the body
+ Consecutive NR3 of prior days
+ bullish trend intensity