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Is BCBP heading for a slide? 20 Day Moving Average Resistance shows up after dropping 2.15%
BCBP closed down 2.15% on Friday, July 31st, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 9.7, 9.4 & 9.08, with resistance at 10.32, 10.64 & 10.94.
Current SwingTradeBot Technical Rating of BCBP: C
This might just be the start. See what else showed up for BCBP today.
Read full article here »