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Is BDC setting up for a drop? 20 Day Moving Average Resistance shows up after sinking 1.88%
BDC finished lower by 1.88% on Monday, July 6th, trading 0.6 times its typical volume. Multiple bearish signals emerged — 20 DMA Resistance and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 111.81, 110.39 & 107.55, with resistance at 116.07, 118.91 & 120.33.
Current SwingTradeBot Technical Rating of BDC: D
There’s more where that came from. See all of today’s signals for BDC here.
Read full article here »