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Good Morning Fellow Traders!
Are you ready for another potentially HUGE ALERT?
Then let’s get to it!
Today I want to tell you about…
Biopack
Environmental Solutions Inc. -
Trading Symbol: BPAC
I think this is a VERY TIMELY story and
want everyone to pay very close attention to this alert.
But first…let’s dive right into the price chart…Shall we?
1) After a nearly
40% pullback from its late October ’09 high, the stock has been trending higher
since traders have come back into it as January began…and is now testing
its 52 week high!
2) The MACD is trending higher and recently crossed back
above the "0" line suggesting the "Strong" bullish trend may
continue.
3) Although currently
overbought, the stochastics can remain overbought for an extended
period of time during a "Strong" uptrend
4) I am seeing upside
volume spikes beginning to show up on the price chart suggesting heavy interest
and accumulation near current levels.
Now
let’s discuss BPAC’s business model:
Biopack
Environmental Solutions Inc. is an environmentally
sound packaging business that has expanded into the food packaging market under
the brand "Roots Biopack."
The
Company engages in product design and development to product testing for
quality control, to assurance, sales and marketing, and manufacturing to
CREATE total eco-friendly packaging solutions.
By
using renewable agricultural waste to create value-added packaging products
normally made from plastic or paper, BPAC’s products are 100% biodegradable,
recyclable, sustainable and compostable!
So
where does this renewable agricultural waste come from?
Well…the
Company manufactures 100% biodegradable consumer packaging products from locally
available sugar cane waste called Bagasse. This is the kind of
packaging your fruits and vegetables are found in.
Biopack
Environmental Solutions Inc. (BPAC’s)— products
are made out of raw material that would otherwise go to
waste, so they have a smaller environmental footprint.
Biopack
Environmental Solutions Inc (BPAC’s) — products are not only
environmentally friendly but are of the highest quality in the
industry, as measured by its technical and hygienic standards. Unlike
paper, BPAC’s products don’t get soggy while heating liquids
and greasy foods.
Biopack
Environmental Solutions Inc. (BPAC) — is already a leader
in many other countries. Based in Hong Kong with manufacturing facilities
in Jiangmen, China, the Company has earned the "premium
brand" label in the biodegradable packaging market in Europe.
Biopack
Environmental Solutions Inc. (BPAC) —is focused
on becoming the NUMBER ONE choice for packaging as our
world becomes more green conscious.
Did
you know that BPAC’s American customers can be found all
across the country including: Smoque BBQ, (a famous BBQ eatery in
Chicago), Maya’s Restaurant (in Seattle Washington), Old
Fisherman’s Grotto (in Monterey CA), Big Fish Branding (in
Erie, CO.)
Not
only that, but Last week BPAC announced the completion of its first
order to the South African market! This initial
order focuses on the Company’s green colored fruit trays.
BPAC’s CEO Gerald Lau
pointed out, "South Africa is an emerging market for sustainable
packaging and one we have targeted for quite some time. South African consumers
are continually demanding and expecting stronger sustainable packaging options.
Biopack sees this initial order as a first step in an expansion strategy
focusing on the fruit growers and processors of this growing economy." To read the complete article Click Here
And
in a recent shareholder update letter, Lau addressed his outlook for the
company by commenting, "We anticipate a successful 2010. We have taken
the necessary steps to expand our production, our product offerings and
increase margins with diversification into other areas of the packaging
market." To read the full update to
shareholders Click Here.
I
think you should definitely find out all you can about this potentially HUGE
OPPORTUNITY. Then, as always, be sure to add it to your watch-list
right away.
The
possible"continuation gap" that we witnessed yesterday is
generally considered to mark only the "half-way point" in a
major move. This suggests, if we stay above the current support level at 58
cents, that we have a good chance to test the .75 level from October of 2008,
which could mean potential ADDITIONAL GAINS for the stock of nearly 30%!
This
is my best "guess" based upon the facts at hand. I don’t have a
crystal ball and the markets NEVER do what I tell them to. BUT, I like
what I see!
If
the stock decides to trade under the closing price we saw yesterday @ .60 then
the short term momentum could be gone. This stock is probably going to
pull back sometime, so keep a close eye on your stops. While I would love
to see this one get to .75 or more, realize that it may trade lower and
consolidate before it makes that run.
Remember to always use the appropriate stop losses, trailing stop
losses and anything else you can think of in order to protect your investment
should you decide to trade in this stock!
Remember - "Knowledge is Power" and
as always here at StockPreacher.com, I strive to
give you all the best information available!
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