TheChartGuru
04-09-2006, 08:29 AM
Keep an eye on BEL. Very oversold and due for a bounce
The Guru has spoken
englishman26
04-09-2006, 07:20 PM
How can you tell that this is done going down? It looks somewhat out of control to me - beyond every band and average that it might bounce off.
TheChartGuru
04-09-2006, 07:27 PM
How can you tell that this is done going down? It looks somewhat out of control to me - beyond every band and average that it might bounce off.
When I drew the trendline, support appears to be at $3.18. Friday it formed a small spinning top that was much smaller then the previous sell off days, signaling a downtrend reversal is near. There has been lots of volume on the downtrend, meaning that the sellers will all be gone in another day or two. Put it on your watchlist for a big move Monday or Tuesday
The Guru has spoken
TheChartGuru
04-12-2006, 01:40 PM
There you goooooooo :)
The Guru has spoken
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