Well let me explain;)

As we can see, BAL has a beautiful bullish channel.

Making a pattern of Ascent of a time volume of 17 days, that is, 17 bar, he has repeated it 3 times!

This is a possible good sign for BAL holders. We now have a resistance at $ 70 that is totally easy to break and various points with high demand.

A good entry would be at $ 59 if it falls back and my ideal goal would be $ 78

This is a lost goal but if they decide to enter now they have a little risk.

But we are repeating the pattern successively, it can happen again.

Support And Resistance
S: $50.331
S: $51.918
S: $53.789
S: $55.491
S: $59.060
S: $61.464
S: $65.300
R: $70.705

Analysis:

OBV: 6.5 M| 6.4 M| 5.9 M
RSI: 68.37| 64.14| 51.98
MFI: 62.18| 55.86| 37.89
CCI: 197.89| 128.78| -28.94
WR%: -1.38| -10.73| -25.83
ADX: 20.70| 18.86| 17.36

MOM: Bullish Momentum
SMA: Price is Above SMA Bullish
ADI: +DI >DI BULLISH
MACD: Bullish
PSAR: Bullish
Trend Analysis

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