3 days of green with good volume but not convincing enough for the bulls to take control. Shorters making use of the opportunity but failing and covering positions towards end of the day. Not sure how long for ?
Close above 9.75 with good volume near or over 2m would make it a buy for me. Very close. Saying this I added another 5000 to when sp went below 9.50 on Friday and have a tight stop loss at 9.45 for it. In terms of the chart I was expecting three white soldiers for the 3 green days but we have a doji Star by the looks of it. Bullish or bearish??
BAL Price at posting:
$9.61 Sentiment: Hold Disclosure: Held
