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BSM Retracement

I added BSM to the swing setup watchlist just now. It’s retracing nicely on descending volume, and I’m hoping to do a quick day-trade if there is a bounce.

As you can see, it filled a gap today, so I’ll be watching it closely tomorrow for strength. MAN. What made this stock skyrocket 300% in 3 days?!?



2 Responses to “BSM Retracement”


By Anonymous on September 7th, 2005 at 2:23 am

Duke Study Boosts BSD Medical Shares
Tuesday August 30, 11:06 am ET
Duke University Study Shows BSD Medical Systems Help Send Cervical Cancer Into Remission

SALT LAKE CITY (AP) — BSD Medical Corp. on Tuesday said a study by Duke University Medical Center shows that BSD systems, combined with radiation and chemotherapy, drove advanced cervical cancer into remission in 90 percent of 68 patients.

By Jon Tait on September 7th, 2005 at 10:11 am

Nice moonshot on that baby. Definetely worth watching for a high tight flag pattern or something, but I can’t help being reminded of CAFE’s chart just before they halted it…

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