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BMI forms 50 Day Moving Average Resistance on July 31
BMI closed up 3.04% on Friday, July 31st, with volume running 0.8× below average. Multiple bearish signals emerged — 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 131.63, 128.9 & 127.02, with resistance at 136.24, 138.12 & 140.85.
Current SwingTradeBot Technical Rating of BMI: D
See all signals and full analysis for BMI on SwingTradeBot.com →
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