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Is BIP signaling a buying opportunity? 50 Day Moving Average Support shows up after a relatively flat session
On Thursday, August 27th, BIP moved up 0.08% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 38.67, 38.46 & 38.34, with resistance at 39.01, 39.13 & 39.34.
Current SwingTradeBot Technical Rating of BIP: C
Today’s move could mean more—check all the signals for BIP on SwingTradeBot.
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