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Is BLMN poised for gains? 50 Day Moving Average Support shows up after advancing 3.73%
BLMN closed up 3.73% on Thursday, July 9th, with volume running 0.7× below average. Multiple bullish signals emerged — 50 DMA Support, Bullish Engulfing & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 7.79, 7.51 & 7.29, with resistance at 8.29, 8.51 & 8.79.
Current SwingTradeBot Technical Rating of BLMN: B
This might just be the start. See what else showed up for BLMN today.
Read full article here »