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Is BDC gaining bullish strength? Upper Bollinger Band Walk shows up after gaining 2.74%
BDC posted a 2.74% gain on Friday, August 7th, accompanied by 0.9× normal trading volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 129.66, 126.59 & 124.56, with resistance at 134.76, 136.79 & 139.86. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of BDC: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »