Nov. 3 at 7:25 PM
$BNKK Well Fred, you asked, you shall receive! Grab some popcorn, here’s the
$BNKK saga.
As of write up it’s at
$0.2055, down 5.3%, but the price action told a different story.
Opened
$0.2055, ripped to
$0.2199, then got smacked to
$0.2006 on heavy volume. Looked ugly mid-session, but that hammer at
$0.2006 and V-recovery back to open was a classic dip-buy.
VWAP
$0.2078 acted like a magnet all afternoon.
RSI hit 28 (oversold) and bounced to 41.
Momentum flipped positive and MACD histogram ticked up.
Volume came in hard on the flush with 3.32M shares, but buyers stepped in at support.
$0.2006 tested twice,
$0.2055 held four times — not random.
Bull case: break and hold above
$0.2078 → retest
$0.2199.
Bear case: break under
$0.2030 → drop to
$0.1980.
Leaning bullish into tomorrow unless we gap under
$0.2030. Feels like the panic’s out and the dip got eaten.
Not financial advice, just reading the tape.
