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Is BRY set to rally? Upper Bollinger Band Walk shows up after dropping 4.41%
BRY posted a 4.41% loss on Friday, September 19th, accompanied by 2.2× normal trading volume. The unusually high volume suggests institutional participation in today's move. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 3.83, 3.75 & 3.61, with resistance at 4.05, 4.19 & 4.27. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of BRY: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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