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Is BYD positioned for a breakdown? Bearish Engulfing shows up after sinking 2.28%
On Friday, July 17th, BYD moved down 2.28% while volume increased to 1.4× the usual levels. Bearish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 86.76, 85.79 & 83.98, with resistance at 89.54, 91.35 & 92.32.
Current SwingTradeBot Technical Rating of BYD: A
This might just be the start. See what else showed up for BYD today.
Read full article here »