BCON Tech Update

Posted by downtowntrader | 9/06/2005 12:56:00 AM | 0 comments »

BCON has pulled back to the 50% fib retrace , 61.8% fan retrace , and 3.30 support trendline and found support. It failed to move into next fan so could retest lower fan line. Right now it's also sandwiched between 10 and 20 sma's. Tuesday should provide some clues as to where BCON will go next.