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Is BRN ready to move higher? Crossed Above 20 Day Moving Average shows up after advancing 2.91%
BRN posted a 2.91% gain on Thursday, July 23rd, accompanied by 3.3× normal trading volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 20 DMA and Crossed Above 50 DMA and Pocket Pivot suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.03, 1.0 & 0.96, with resistance at 1.1, 1.14 & 1.17.
Current SwingTradeBot Technical Rating of BRN: C
Just a sneak peek — check SwingTradeBot.com for the full story on BRN.
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