Don't know how much chart you can put into BLZ, but there's a small gap at 6.0 - 6-1, another bigger one at 4.5 - 5.2. There's some support-resistance from January at 6.0, so maybe that'll get hit.
Lower down @4.5 starts to get interesting as it would mean an MC almost a1/3 less than current, approx $8 -9 million.
Closing the gap at 6.0 sits it bang on the white 100SMA. Close it below pretty much sits it on the red 200SMA, and longterm blue trend.
Absent news I guess anything could happen. All I know is, they've got until this time next year to get the oppies far enough in the money to make excercise worth the effort, or the boys are working for nothing. Can't see that happening, so patience and opportunity....
Anyway, just some Good Friday musings. Maybe best to take it all with a pinch of salt and a shot of Mescal!
