BEL BEL - near to all time high but chart is not clear.
one big red with big volume after not follow through selling and same in upside not follow through buying. price is sideways and big move building up.
possibilities
1. breakout that pennant
2. sideways to bullish and breakout
3. breakdown that pennant and take support from rising wedge lower trendline because stock is in strong up trend (also can break rising wedge and compete wedge target 329)
4. sideways to bearish and breakdown.
please do your own research before taking any trade.
i am not financial advisor
risk is real stay practical
please feel free to ask any questions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.