Bell Financial bounced from the 50d MA today, and may be headed back to $2.00 after recent distribution and dividend payment sell off. This is a solid company with good financials- low PE (vs average in financials), actual sales, and 6% dividend FF.
Bell Financial Group is up roughly 65% over the last 12 months and has been having a very steady upper Bollinger Band walk. Looking at the RSI it is due for a pullback as it is so overextended but there has been some very good volume over the last few days which is interesting. Current demand has 40 buyers for 411,573 units vs 17 sellers for 149,834 units. Could...
