The_Patterns_Guy
Long

$BSPM #speculative #long #microcap #stock #biotech #Chinese

NASDAQ:BSPM   BIOSTAR PHARMACEUTICALS INC
BSPM             is my interesting find of the day. There is nothing really spectacular about this stock except for the dichotomy between the price action and the OBV. Look at the at OBV! Someone is buying is large blocks and yet price is hardly moving.

Look at the recent price action. The stock is starting to move in a series of higher lows and a few lower highs. It looks like it is forming a wedge ..... that could pop up. Microcaps are really not my area of expertise, so someone else might be a better judge of the price direction than me. Microcaps are like quantum             physics particles; they just perform differently than the rest of the normal world.

Anyways, highly speculative and interesting.
Very good setup - ramp to moon. I'm sad I missed it. :)
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NICE SETUP
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