BBX is facing a lot of resistance at $9.12. There's a lot of buying interests at this level. The volume is increasing however the CMF has yet to turn up positive. If we can manage to break the $9.12 resistance with conviction, we should be able to see BBX return to the All Time High at about $10.96.
We can see that the prices have fallen below the Standard (brown) line but the TK has yet to cross. A fall below the support level at $8.10 will invalidate this view.
We can see that the prices have fallen below the Standard (brown) line but the TK has yet to cross. A fall below the support level at $8.10 will invalidate this view.