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Is BRO getting ready to pop? Bollinger Band Squeeze shows up after gaining 1.14%
BRO closed up 1.14% on Friday, August 21st, with volume running 0.5× below average. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 71.68, 70.46 & 69.59, with resistance at 73.77, 74.64 & 75.86.
Current SwingTradeBot Technical Rating of BRO: C
There’s more where that came from. See all of today’s signals for BRO here.
Read full article here »