Jan 10, 2013 - BEL, Stock Analysis    1 Comment

What will happen to BEL?

BEL may further correct following the small decline today or it might go sideways instead as we saw a diminishing volume. There was a Dark Cloud Cover but unlike few months ago when the confirmation was a large red candlestick, this time its a small one. Both bearish candlesticks have sell signal on Relative strength index (RSI).

Caveat!

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