5/12/2012 BRY setup and chart

5/12 - no entry from last weeks setup, again would a no trade for the moment, now would like to see a break of this downtrend before stepping in. rather miss that first 10% move and wait for a trend change

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5/5- going to need to see some strength before entering this name, first want to see a move back above the 200 day and then would look for a move thru recent resistence near 47 before entering.. would give up that first 10% move. set your alert there. above average volume would be preferable

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