I wanted to post the BRCD chart since I think something interesting is going on…We have enjoyed an incredible rally for the last 5 weeks- among a long list of others. The question is – is this going to continue or will we see a major pull-back…

Looking at the hard right edge it looks like another jumping on point, but I may be the greater fool…I post the weekly and daily chart below. Once it fills a gap at $5 it can go to $6.50 without much resistance…who knows before this bear market bounce is over it may just go to $8 where it either tests a gap in the daily chart or fills it…

WEEKLY CHART- pulling back this week- does the trend have further to go or is it topping out? Price targets at 5 to 6.5…

DAILY CHART… Sorry for the large and busy chart- but this is what I got used to looking at…Overbought and pulling back…Oscillators are resetting but the big question is the trend?

Disclaimer: I am long BRCD…