Have a look at the weekly chart, WMA 21is an important indicator that shows the trend. we are entering into a bull trend at the moment, will be a retracement to around 10.35 then will be another up run.
for Stock RSI, neutural from daily chart, and overbought from weekly chart (above).
Retracement is expected, however, SP going up is the current trend.
BAL - Chart, page-887
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