Our system’s recommendation today is to STAY IN CASH. The previous QUIT recommendation was issued on 5/1/2013, 22 days ago, when the stock price was 1.4631. Candlestick analysis and pattern detection for BASI have restarted.
This stock was unfortunately out of our scope for a while. The data was short of meeting the standards for pattern recognition. The price structure is better now and the patterns resume their guiding function once more, but there is no pattern detected. The signal tells us to STAY IN CASH. So, you will have to wait on the sidelines until bullish patterns are detected.