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20 Day Moving Average Support appears for BMRA after 5.24% move
BMRA finished higher by 5.24% on Thursday, October 16th, trading 3.8 times its typical volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with 20 DMA Support and Crossed Above 50 DMA and Expansion Pivot Buy Setup and Pocket Pivot suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 2.72, 2.44 & 2.25, with resistance at 3.19, 3.38 & 3.66.
Current SwingTradeBot Technical Rating of BMRA: D
What else did BMRA do today? Find out on SwingTradeBot.
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