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BMI forms Upper Bollinger Band Walk on June 22
BMI closed down 0.51% on Monday, June 22nd, with volume running 1.3× above average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 132.24, 129.67 & 127.12, with resistance at 137.37, 139.93 & 142.5. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of BMI: D
More technical signals and insights for BMI → Visit SwingTradeBot.com
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