Oct 29, 2012 - BHI, Stock Analysis    1 Comment

BHI on the move

The descending triangle on BHI is no match on what bulls can do this time. Following the news about the issuance of shares representing second tranche of subscription by JP Guilds Inc. The rampage started when the trading halt was lifted at 10 am today. It gaps up and never look back. Looks like another candidate for 3 day ascend momentum trading after VITA. Was it good thing that it didn’t went to ceiling at the closing? Looks like today’s traders are buying more than selling except for ABACUS

Will the market price match the 0.2142? Caveat!

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