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Bollinger Band Squeeze appears for BLMN after 2.26% move
On Friday, July 31st, BLMN moved down 2.26% while volume was to 0.8× the usual levels. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 8.47, 8.27 & 8.08, with resistance at 8.86, 9.05 & 9.25. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of BLMN: A
What else did BLMN do today? Find out on SwingTradeBot.
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