Kijun Sen may pull BKR to 2.89

Has BKR reached the bottom yesterday at 2.50? Today, BKR is showing some bullishness although it wasn’t able to sustain its rally. It went up as high as 2.77 but close at 2.57 per share. But there is still a chance for BKR to hit at least 2.89 as the Kijun Sen line may pull the price up. Remember that the magnetic power or Kijun Sen line is strong when it is moving horizontally.

Caveat!

The following two tabs change content below.

felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

Leave a Reply