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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Tri Bui who wrote (11883)	4/29/2000 2:22:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 19374

Hi Tri askresearch.com Draw you a trend line from the top of the peak made in the week of March 6th to the top of the peak made in the week of April 3rd and continue it off the right side of this chart. You will notice that that upper trend line just happens to be what Fridays daily high was for BVSN - $45 9/16. It can be said that BVSN tested its upper resistance on Friday. The black candle indicates that some lite profit taking began on Friday so Monday will be a crucial day for the stock. Dont forget that short term tops are always marked by a black candle. On the bright side I see the candle is a spinning top which simply means the stock could go either way because investors are now neutral on the stock. Looking at the jazzed up 5-3-3 stochastics you can see the indicator is telling us that BVSN is now in an over bought condition and will retrace soon. Upper resistance is $45 9/16. Lower short term support is $40. Lower trend line support is $37 1/2. I think the odds are not in favor of BVSN seeing $48 this time around. JMHO Reid