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BC forms 20 Day Moving Average Resistance on July 2
BC closed down 3.05% on Thursday, July 2nd, with volume running 0.8× below average. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 77.18, 75.27 & 72.37, with resistance at 81.99, 84.89 & 86.8.
Current SwingTradeBot Technical Rating of BC: C
There’s more where that came from. See all of today’s signals for BC here.
Read full article here »