BPZ Update

This was today's BPZ update which I reiterated that I still liked the long position and would stick with it as 3C looked like the move below resistance on one of these descending bearish triangles we have seen so much lately, was in fact a bear trap. BPZ was at a slight loss at the time at $2.26, today it closed at $2.37, up +10.23% (now in the green) and above the resistance area that looks to have been a bear trap set up.

A really nice move at the EOD pushed BPZ through resistance.

If there's any point to this post, it is that PRICE IS DECEIVING. Compare, look where the others didn't, that's where you'll find your edge.