Filed Under:
Tickers in this Article:

BPFH has been traveling within a horizontal channel over the past two months, but today's bearish price action suggests that we could see the price of the shares head lower. As you can see from the chart below, BPFH closed beneath the support of the lower trendline for the first time since early November - a signal that will likely be used by the bears as confirmation of a move lower. We'd expect this former support ($30.25) to act as the next level of resistance when the price heads higher again.



comments powered by Disqus
Trading Center