RSI of less than 30 on the daily chart shows a strong potential for a rebound from there level which could learn to a full reversal longer term. Today appears to have been the start of it with significant bull volume and a 6% gain. If we gap up on Monday above $3.15, we'll see $3.49 intraday or Tuesday and bullish reversal will be confirmed. Bears are tenacious but with oil analysts on TV highlighting the value of BTE, buyers will likely be researching this stock and understanding that at such a low stock price to value, a larger oil company will take out BTE. The upsides from sub $3 and low $3 far outweighs the downsides. But do not be surprised to see consolidation and some weakness as we break the $3 barrier. Bullish Reversal is not yet confirmed. Daily candlesticks shows pending inverted bullish hammer. Let's see if the reversal is confirmed Monday. Trade appropriately in the meantime. If you are a longer term investor, consider averaging down sub $3s and ensure you don't position yourself having to sell on margin calls.