Hi Leemur.I was just having a look at the Mining Services sector...

Hi Leemur.

I was just having a look at the Mining Services sector (my own home made sector) and something really does stand out. All the companies on the chart that were doing the best have now turned over.

The reason for the turn over is that pretty well all of them had hit their analyst mean targets and thus had become "hold" or "Sell" companies. Unfortunately BOL was no where near its target but has been hit by the general sell off in the sector.

The price has also fallen with very little selling pressure as can be seen in the VPCI indicator on Chart 2 which helps determine the buying/selling pressure.