BAL - Chart, page-720

Close at 11.20 was good - seemed to break that daily pennant formation, but didnt get the 'pop' it should have. So indicates uptrending still, but Monday is a new day and will create its own trend. Hard to say what the move will likely be based on this candle, so the old addage trend is your friend, and currently this is up.

The bad;
RSI is at 75
Long upper wick
Weekly chart closed on upper BB using 3STD.

The good;
Weekly & Daily Bullish
200EMA GOLDEN CROSS, broken, tested and bounced off!
Increasing volume
Short term support at 11.0, and seemed to support and old resistance level at 10.60 as a low.
Room to move in short term up to 12.50s.
There could be an elliot wave formation here, and we are in the 5th wave if so. This would also align with a run into 12's or above.
Long term chart elliot wave is clear, and if plays out could exceed old highs a couple years.