Friday, April 15, 2011

BFAR - Looking To Rally Next Week


BFAR was on my watch list last night and today saw a nice rally. Early this afternoon the stock was up over 50% and it looks poised to continue its momentum into next week. The farther the fall the higher the potential bounce. BFAR's 200 day moving average is $2.80, today the stock closed at $.18. In my view there is plenty of room to bounce.

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