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Is BBD showing downside potential? Fell Below 20 Day Moving Average shows up after declining 3.45%
BBD closed down 3.45% on Tuesday, August 4th, with volume running 0.9× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 200 DMA, New Downtrend & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 3.43, 3.37 & 3.27, with resistance at 3.59, 3.69 & 3.75.
Current SwingTradeBot Technical Rating of BBD: C
This might just be the start. See what else showed up for BBD today.
Read full article here »