Charlie, Mark & all - I was looking at the technical chart of BVSI earlier. Now, I am a lot more confident about BVSI potential of raising from the ashes. I agree with Charlie that it will take at least a decent qtr (hopefully this one) to get its juice flowing again.
Technically, the 50 dma is inching closer to the 200 dma. The trading range is actually at the upper end of the bollinger band - and the band is extremely wide. The should explain its inability to go above the 11 1/8. Between now and the qtr release, so long as we maintain a narrow trading range, the bollinger band should get narrower. And I think a good qtr - lord helps us if we ve a poor one (Hopefully, with the charge taken and out of the way, and there is no much expectation, it will do it) - the crossover of the 50 and 200 dma will happen. That should catch the eye of a lot of technicans out there.
Incidentally, Money Flow is pretty good.
In the mean time, hang in there. And Mark, start checking out those V.S. catalog (ok, no Marv joke) <VBG>
rgds Bosco |
