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Is BIP setting up for a drop? MACD Bearish Centerline Cross shows up after slipping 1.19%
On Thursday, August 20th, BIP moved down 1.19% while volume was to 1.0× the usual levels. MACD Bearish Centerline Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 38.57, 38.19 & 37.63, with resistance at 39.51, 40.07 & 40.45.
Current SwingTradeBot Technical Rating of BIP: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »