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50 Day Moving Average Resistance appears for BFS after 1.54% move
BFS closed down 1.54% on Wednesday, July 29th, with volume running 0.2× below average. Multiple bearish signals emerged — 50 DMA Resistance, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 34.6, 34.28 & 33.65, with resistance at 35.56, 36.19 & 36.51.
Current SwingTradeBot Technical Rating of BFS: B
There’s more where that came from. See all of today’s signals for BFS here.
Read full article here »