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Monday, November 5, 2007

BWR Technicals Today= Gap Up Pending


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There is a large gapup that has to be filled between 2.59 + 2.80

This was created as a gap down last week and ALL gaps do get filled.

So I expect BWR will work its way back up within that range in the
next 5-7 sessions.

Stochastics have corrected (bottomed) and the MACD has bottomed.
And the RSI has corrected enough to bounce soon.

I would say we are ready to bounce back on a strong Green day across all markets. Sometime this week.



I would say that we are at a triple bottom, and the price will run up soon.