BBG Bill Barrett Weekly Chart Oversold Falling Wedge Positive Divergence

BBG, Billie Boy, is an oil and natty gas play.  Another ticker that has been taken out behind the shed and beaten beyond recognition, from over 50 last summer to 17 today.  The good news is that a falling wedge has formed, the indicators are oversold, and most importantly, the weekly and daily charts are positively diverged, so BBG is on the launch pad ready for the count down and lift off.  Projection is for a healthy bounce for BBG at any time. Keystone started buying it today. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.