BEL - Spike calls a bottom.

[spikefader]

Yes, Gerihearne,

Tom wisely advises.

When I post those nice r/r setups they're good for the area where I call 'em. If an impulse follows then the r/r has changed dramatically.......and it becomes statistically insane to buy hehe

See bottom line for any entry is you have to patiently stalk them......wait until the numbers are on your side. Otherwise you're just buying from all the people taking profits near resistance or after impulsiveness that will likely correct.

Good luck to ya. I'll be making regular comment on where I see value in BEL entries, so sit back and watch the thread for a while. There's a long way still to that gap target up there, so as I said in the one of the first posts of the thread; there will be plenty of opportunities for BEL this year. But ya gotta hunt 'em!

Best.

[spikefader]

BEL chart update:

[gerihearne]

bel-weather

Thanks, Spikefader.

In a way, it seems to me, it would be hard to lose with BEL, provided you're willing to hold ... but I'm going to sit and wait and watch ... big thanks!
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herbalaire review

[TFred]

Greetings,

Moving again today,Skee-daddy to $pike!

cordially Tom

[spikefader]

Look at that little monkey go jejeje

[Runner]

I like this chart on BEL. Notice spacing on Orange EMA's!!

[spikefader]

Interesting charts Runner! Cool colors too heh

[spikefader]

OK quick review!

Where are we with BEL?

+43% since Post #1 in the thread.
+16% since the last 'c' long entry 5 days ago.


BEL is nearing the price resistance at 4.49, which also happens to be where the daily upper channel (profit-taking) resistance is. Perhaps a time to at least considering selling into any strength up to that point?? Remember the rule: Resistance is resistance until it isn't. So ya gotta make a decision......hold on for the huge gap fill, or jump to take profits and then stalk for a breakout/handle support play formation? Perhaps partial profits and reload on a pullback?

Good luck deciding BELoved BEL fans hehehe

[daskro]

Wow, bel is hot, I may buy some after the next profit taking.

[TFred]

Greetings,

Its happening right now,4.53 as I type on nice volume for BEL,not sure what to do with my holdings,but am glad I doubled down at 3.75.

cordially Tom

[gerihearne]

huge II

Its happening right now,4.53 as I type on nice volume for BEL,not sure what to do with my holdings,but am glad I doubled down at 3.75.

Spike, you're huge, too. Looking forward to an entry on BEL
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Honda CB600F

[TFred]

Greetings,

Since it has broken 4.49,would resistance be broken,or is more volume needed to confirm.Someone wants this stock IMO,4.58 on 50k volume in the first hour of trading.Lets all send $pike some props.

cordially Tom

[spikefader]

Hi Tom.

Yep, resistance is broken dude!

[spikefader]

Greetings,

Its happening right now,4.53 as I type on nice volume for BEL,not sure what to do with my holdings,but am glad I doubled down at 3.75.

cordially Tom

Congrats dude. That post suggesting to consider profit-taking was just that; a suggestion to consider. My game plan is to hold, but some people may be looking to take some off, so that area was the place to do it. I'll reexamine where we are after today is done.

But for the meantime: Impulse baby. Another 'c' entry leads to impulsiveness.

Stay tuned folks, I'll post the very next setup I see. Thanks fer the props guys

[alice4321us]

Never Leave us.

Spike
You are huge. Nice setups on BEL. Don't ever leave us even for a day. Looking forward to your posts every hour of day..

Congrats dude. That post suggesting to consider profit-taking was just that; a suggestion to consider. My game plan is to hold, but some people may be looking to take some off, so that area was the place to do it. I'll reexamine where we are after today is done.

But for the meantime: Impulse baby. Another 'c' entry leads to impulsiveness.

Stay tuned folks, I'll post the very next setup I see. Thanks fer the props guys