Thursday, April 23, 2009

BEHL - Biocentric Energy Holdings

BEHL has been on a tear the last few trading sessions. These type of runs make a turning point tough to locate. Has the stock run its course? Or is this upside just an appetizer for a multi-penny run?

Five straight days closing in the green might indicate an overbought condition which could be solved with some profit taking.

I'll be watching BEHL the next several trading days to see if an entry would be a prudent move.

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