BLACK HAWK EXPLORATN (BHWX)
BHWX
BHWX our timing was a bit off on this trade but it has moved in the direction we expected. The stock has been consolidated for the last nine sessions but that period ended on Friday with its strong move higher. BHWX gapped at the open and started the day at $0.68. The stock hit a low of $0.67 before resuming its rally to a high of $0.74. The stock closed the week at $0.73. The stock has broken its recent support levels at $0.70 and the strong volume is a good sign we could see the test initial resistance at $0.80 and eventually a high of $1.00.

