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Is BLBD showing upside potential? Upper Bollinger Band Walk shows up after declining 1.37%
BLBD closed down 1.37% on Wednesday, July 1st, with volume running 1.0× below average. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 76.9, 75.91 & 75.08, with resistance at 78.72, 79.55 & 80.54. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of BLBD: A
There’s more where that came from. See all of today’s signals for BLBD here.
Read full article here »