The SP gapped down three days ago to form at low at $3.75.
It has been range bound between $4.10 and $4.15 for most part of today with volume coming back in and greater Buyer depth towards the close. By the mid/end of next week I expect the SP to drive higher to confirm the Bullish pattern and also move higher to fill the gap between $5.61-$6.19.
The last hour of today is the best place to position yourself for gains next week if you buy at todays lows.
BAL Price at posting:
$4.12 Sentiment: Buy Disclosure: Held