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Hey everyone,

Here is a video excerpt from last night’s video watchlist, sent to ProphetAlerts.com subscribers, that shows the technical pattern where I felt an oversold reversal/bounce could occur at $4.30 today.  BIOS has hit $4.55 so far, looking like the reversal is following through nicely.  The Dow was down over 150 points, but BIOS kept creeping up all day!

This is one of the many setups we give at ProphetAlerts, join up and start getting real time alerts, nightly watchlists (in video and text form), a live chatroom, and more!

UPDATE:  BIOS has since moved over $5.00 per share since my $4.30 recommendation (as of 8/10/2010) for an over 17% move in a few days

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