Wave C in building mode for BEL. Seeing a target of 88.5 on the short from here. The chart is self explanatory. Wave 5 in previous did not climb all the way up as the volume dried out of the stock but it hit my first targets.
Now its time to look for the short.
#Disclaimer: For educational purposes only. Consult your financial advisor before any trades. Stop loss is essential in all cases
Now its time to look for the short.
#Disclaimer: For educational purposes only. Consult your financial advisor before any trades. Stop loss is essential in all cases
Comment:
Short is only below 94. With the defense news that has come in today..94 levels will take some time to come