Sunday, December 03, 2006

BEL Concrete study ABC setup now moving



Bel was sugggested as a buy from 1100-1200
and then as a breakout trade with 1200 calls above 1200 for a target of 1400.
Here is the picture for the setup
Min target to me seems to be 1241 within 2-3 days, 1282 within 2-3 weeks and 1408 within 2-3 months.
My favored target is 1400
I Do not have a long position in BEL yet.

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