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Is BGI lining up for a decline? Lower Bollinger Band Walk shows up after climbing 4.13%
BGI closed up 4.13% on Monday, August 3rd, with volume running 1.7× above average. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 0.46, 0.43 & 0.41, with resistance at 0.52, 0.54 & 0.57.
Current SwingTradeBot Technical Rating of BGI: F
Just a sneak peek — check SwingTradeBot.com for the full story on BGI.
Read full article here »