Baron Capital Enterprise, Inc. | BCAP | Midday Update

Baron Capital Enterprise, Inc. BCAP

We wanted to put out an afternoon alert on BCAP to congratulate those that were able to catch it off of our extended watchlist yesterday. The ones able to catch it in the .0006-.0008 range enjoyed the opportunity to cash in up to 100% at today’s high of .0012.

As we’ve pointed out on the chart below, .0012 is the key resistance area, followed by .002. If and when we see a consolidation, we would like to see support hold at .0007, but all in all, BCAP has performed incredibly well in just a one-day span. We will continue to keep this one on our watchlist.