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Message: BMK up 10%+

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Re: BMK up 10%+ A few postive TA signals as well

posted on Nov 20, 09 07:04PM

The MACD is presently offering a bullish signal because it is above the signal line, a 9 day moving average, and higher than 0, which means that the underlying moving averages are trending higher.

The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.

The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.

Wednesday, BMK closed above its 20 day moving average. This is generally considered to an indication of a bullish trend.

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