see chart BO falling wedge test level resistance and wedge resistance now acting as support. blue channel still in play. may get 100ma support with level resistance.
broke 200ma and gives a higher high. cautiously optemistic on one of the few stocks to be making gains. a few level resistance lines to break but increasing volumes on higher prices and strong candles appear promising. I would annticipate a struggle here (higher low) before higher prices.
(confirmation required with another point on the support)
see chart. If channel resistance and 100ma can be broken then we expect higher prices
I see more downside in the near term to channel support within the wedge and results depending on christmas shopping results
prices struggled to make a new high. more data required to call a direction. overall market is bearish