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Is BURL setting up for a drop? Lower Bollinger Band Walk shows up after advancing 1.21%
BURL finished higher by 1.21% on Monday, September 15th, trading 0.9 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 265.76, 261.4 & 257.79, with resistance at 273.73, 277.34 & 281.7. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BURL: D
Traders are watching BURL for a reason. See the full signal list.
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