BNTX - positive movement on news climbing over the 50 day MA. solid institutional BUYING occurring over the last couple days...seen on webulll. CHANNEL day charting...IT STAYED ABOVE THE PREVIOUS DAY CLOSING mark of 100.39. (low of the day was 102)
KEY: 50-day moving average
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
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