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God bless ya alice - nice comments 
BEL: OK, intraday price has settled now.... If 4.49 doesn't hold as support, I would expect it to do a little couple-day corrective for the little 4 down. The frustrating thing about impulsive behavior is that it's a guess where the high of the impulse will end up being. Thus is speculation.
Anyway, I remain bullish while that last posted 'c' low holds. And remember those gaps back there. They aren't on terribly high volume which is a pain. I would have prefered them to be clear very high volume days ...... and they weren't. But the fact is that even low volume gap ups like that can precede enormous moves that don't come back for years. So don't let the gaps talk you out of a setup. Just don't forget they are there. That should help keep you disciplined with stops and prevent you from fallling into the "hold and hope" type trade. As bullish as I am on BEL, I could be completely wrong and the Company/stock/chart could take a hit.
So as always, I recommend to play the r/r game and put the numbers on your side, buy into weakness when patterns confirm, buy it at the right time, put stop under the pattern and let the cards fall where they may. I can't get every entry call correct obviously, cuz no-one can. This is why tight stops, red fear and green hope are of paramount importance. It's ok to miss some entries...as long as those winning trades overcome all the little stopouts.
Best to all. Make those trades pretty!
BEL: OK, intraday price has settled now.... If 4.49 doesn't hold as support, I would expect it to do a little couple-day corrective for the little 4 down. The frustrating thing about impulsive behavior is that it's a guess where the high of the impulse will end up being. Thus is speculation.
Anyway, I remain bullish while that last posted 'c' low holds. And remember those gaps back there. They aren't on terribly high volume which is a pain. I would have prefered them to be clear very high volume days ...... and they weren't. But the fact is that even low volume gap ups like that can precede enormous moves that don't come back for years. So don't let the gaps talk you out of a setup. Just don't forget they are there. That should help keep you disciplined with stops and prevent you from fallling into the "hold and hope" type trade. As bullish as I am on BEL, I could be completely wrong and the Company/stock/chart could take a hit.
So as always, I recommend to play the r/r game and put the numbers on your side, buy into weakness when patterns confirm, buy it at the right time, put stop under the pattern and let the cards fall where they may. I can't get every entry call correct obviously, cuz no-one can. This is why tight stops, red fear and green hope are of paramount importance. It's ok to miss some entries...as long as those winning trades overcome all the little stopouts.
Best to all. Make those trades pretty!
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