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Thread: Bel

  1. #1
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    Default Bel

    Keep an eye on BEL. Very oversold and due for a bounce

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    Matthew 10:32...'Whoever acknowledges Me before men, I will acknowledge him before My Father in heaven. But whoever disowns Me before men, I will disown him before My Father in heaven.'

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    forum leader weekly challenge winner 6x englishman26's Avatar
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    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.

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    Quote Originally Posted by englishman26
    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

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  4. #4
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    Default Re: Bel

    There you goooooooo

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