This company is a provider of electronic e-commerce business solutions. The stock is trading up 17.7% at $20.68 in recent trading.Today's Volume: 559,000 Average Volume: 66,552 Volume % Change: 1616% From a technical standpoint, BVSN is gapping up big today on monster volume above some past overhead resistance at $18. At last check, BVSN is pulling back big off its daily high of $23. This stock has clearly entered overbought territory since its relative strength index (RSI) reading is currently 83. Any reading over 70 is considered overbought on any stock. If BVSN closes well off $23 and near its daily lows, then I would look to short this stock. One could get more aggressive with any short sales if it trades below $19 with volume.
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