Bellamy's has pulled back to the weekly 61.8% fib and it will be interesting to see if this support holds.
The whole-number $10 level is just below this level, and this is also near the bottom of the weekly Ichimoku Cloud, so this region, for me, would be the line in the sand level to watch here.
Any hold above the 61.8% fib and / or $10 region would have me looking for any bullish break up through the bear trend lines for a trigger to get LONG on BAL.
The whole-number $10 level is just below this level, and this is also near the bottom of the weekly Ichimoku Cloud, so this region, for me, would be the line in the sand level to watch here.
Any hold above the 61.8% fib and / or $10 region would have me looking for any bullish break up through the bear trend lines for a trigger to get LONG on BAL.