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Is BMRC gaining bearish strength? Lower Bollinger Band Walk shows up after declining 0.15%
On Friday, August 21st, BMRC moved down 0.15% while volume was to 0.9× the usual levels. Lower Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 26.44, 25.97 & 25.35, with resistance at 27.53, 28.15 & 28.62. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of BMRC: D
There’s more where that came from. See all of today’s signals for BMRC here.
Read full article here »