Bel is making a solid rebound off a key support level with bullish divergence on the daily chart. The volume surge is substantiating this support zone, with the money flow metrics clearly leaning to the bullish side. The 1.618 fibonacci is my target and the liquidity in that area support it.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.