Tuesday, April 17, 2012

BIEL - The Rally Continues

BIEL continued to rally today, with large block buys hitting the ask early in the session.  BIEL hit a high of $.0046 before fading to close the day at $.004.  BIEL is getting close to some significant resistance with the 200 DMA at $.0053.  A break of this figure could provide more ammunition for the bulls.

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