$BCOV have successfully broken out of its Symmetrical Triangle chart pattern highlighted last week , rallying to an intraday gain of +6.75% this morning. The breakout of the pattern sets a directional play for $BCOV, along with uptick in price volatility and volume exceeding 100% of its 50D average observed.
At the current price close of $18.83, $BCOV is still...
$BCOV closed the half-day trading session at $17.64, an intraday gain of +2.08% at 98.68k transactional volume. The trading volume of $BCOV have significantly declined since the start of December, which led to a bi-directional (“drifting”) behavioral price action during the course. The lost of directional momentum have also allowed $BCOV to formed a short term...
