The chart above shows how
BVX declined after the
SELL signal which was issued on 5/14/2013. Since then, the stock price edged down by a hefty 25.58%. The bearish sentiment may be over now. Our system detected a
BULLISH THREE GAP DOWNS pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because
BUY orders must be placed immediately in case of a confirmation. The
BULLISH THREE GAP DOWNS pattern, if confirmed, indicates an upside potential of 12.62%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!