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Is BMI positioned for a breakout? Crossed Above 20 Day Moving Average shows up after advancing 0.82%
BMI posted a 0.82% gain on Monday, November 3rd, accompanied by 0.6× normal trading volume. Multiple bullish signals emerged — Crossed Above 20 DMA and 50 DMA Support — suggesting potential strength ahead. Key support levels exist at 179.01, 176.09 & 174.28, with resistance at 183.74, 185.55 & 188.47.
Current SwingTradeBot Technical Rating of BMI: C
There’s more where that came from. See all of today’s signals for BMI here.
Read full article here »