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Is BCRX showing downside potential? Bearish Engulfing shows up after plummeting 7.41%
BCRX closed down 7.41% on Thursday, August 13th, with volume running 0.9× below average. Multiple bearish signals emerged — Bearish Engulfing and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 9.46, 9.12 & 8.53, with resistance at 10.39, 10.98 & 11.32.
Current SwingTradeBot Technical Rating of BCRX: A
This might just be the start. See what else showed up for BCRX today.
Read full article here »