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Is BURL preparing to trend higher? 50 Day Moving Average Support shows up after rising 1.35%
BURL closed up 1.35% on Thursday, July 9th, with volume running 0.6× below average. The session formed a 50 DMA Support, often signaling a possible continuation. Key support levels exist at 317.46, 313.48 & 310.76, with resistance at 324.16, 326.88 & 330.86.
Current SwingTradeBot Technical Rating of BURL: C
There’s more where that came from. See all of today’s signals for BURL here.
Read full article here »