Is BKD done retracing?

BKD has the potential to bounce from current level based on weekly chart. From the top at 2.62 per share, it has already retraced at 38.2% Fibonacci Retracement level which could be a jumping board for BKD to continue with its trend. Based on Ichimoku system, BKD is still in an upward trend with Tenkan Sen, Kijun Sen, Chikou Span and Cloud elements approving it. The

RSI or Relative Strength Index is saying that this stock as relaxed a bit after being overbought and RSI reached almost 90.

Is BKD going to hit 2.3 level?


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