Biosolar, Inc (NASDAQ: BRSC) develops biobased solar panels as an eco-friendly alternative to petroleum based solar panels. This offers a substantial cost savings over petroleum based solar panels by using renewable resources.
BSRC has shown a strong bullish upward trend (Chart #1), and confined to a relatively predictable trading range with consistent highs & lows. Stock has recently broken out of this trading range into newer highs on strong volume several times its historical trading day average.
If purchased, keep stop loss orders set relatively tights (i.e. 10% - 15%).
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