For today's chart we've chosen to take a look at BOT because the price of the shares have remained range-bound between key levels of support and resistance since its IPO in late 2005. As you can see from the chart, the $134 level has historically prevented the bulls from sending the price higher. However, the recent price move above the resistance could be used by technical traders to suggest that tomorrow's earnings announcement may be positive. We'd expect the $134 mark to become an area of support in the event that the bulls are able to send the price of the shares toward the 52-week high of $140.67.
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