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Is BSM building bullish momentum? Upper Bollinger Band Walk shows up after slipping 0.15%
BSM finished lower by 0.15% on Thursday, September 18th, trading 0.7 times its typical volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 12.85, 12.74 & 12.67, with resistance at 13.04, 13.11 & 13.22. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of BSM: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »