Monday, May 01, 2006

BWNG - Bullish Looking At The 6 Month Daily Chart

BWNG looks to be trading in a "channel." Looking at a 6 month daily chart and drawing the top of the line by hitting points: Mar 6, Mar 20, and Apr 7 and then drawing the bottom of the chart by hitting points: Feb 28 and Apr 25 you should see that we are at the low end of the "channel" with a lot of upside to go.