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BHRB forms Bollinger Band Squeeze on August 21
On Friday, August 21st, BHRB moved up 0.77% while volume shrunk to 0.7× the usual levels. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 70.68, 69.81 & 69.04, with resistance at 72.32, 73.09 & 73.96. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BHRB: C
This might just be the start. See what else showed up for BHRB today.
Read full article here »