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Is BDN likely to continue higher? Crossed Above 200 Day Moving Average shows up after advancing 4.1%
BDN finished higher by 4.1% on Thursday, July 30th, trading 1.4 times its typical volume. Multiple bullish signals emerged — Crossed Above 200 DMA and Lower Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 2.94, 2.83 & 2.77, with resistance at 3.11, 3.17 & 3.28. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of BDN: C
Just a sneak peek — check SwingTradeBot.com for the full story on BDN.
Read full article here »