Very interesting pattern potentially forming on BES.
With a flat bottom forming, a flag pattern is starting to shape up on BES. This is not a guaranteed move of course, it could head-and-shoulders back down to it's normal lows.
Please do your own due diligence, research the company, manage your risk. Check the news and watch for large purchases.
News today that BES has a deal to supply 12V batteries for TESLA cars.
Target 1: $2.18 - for the bullish pennant
Target 2: $2.84 - Fib
Target 3: $4.50 - Fib
I would be curious to know if/how your targets differ.
*Not financial advice*
Ready for round 2? penny stock season is here. Traders are on the hunt. Halts validating major fomo is available to profit from.
Take your profits and trade safe
