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Is BRSP gaining bearish strength? Fell Below 20 Day Moving Average shows up after declining 2.91%
On Monday, July 20th, BRSP moved down 2.91% while volume was to 1.2× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Fell Below 200 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 5.25, 5.16 & 5.03, with resistance at 5.47, 5.6 & 5.69.
Current SwingTradeBot Technical Rating of BRSP: C
There’s more where that came from. See all of today’s signals for BRSP here.
Read full article here »