Pre-Market
Ticker: BVT
Yesterday's bearish reversal in BVT is in line with Monday evening's short term reading which stated that: "Aggressive buying was underway, however, traders should not chase but instead, look for an overshoot and failure to hold it's prior session highs and short/sell back to the 8-day EMA".
The extract from Monday's end-of-day data set is shown below:
As of yesterday's close, we saw the share print ga bearish engulfing candle. Look for a potential gap fill (lower) at R273, which is in line with the 21-day EMA.
Most recently BVT provided the following opportunities for clients of Unum Capital.
Lester Davids
Analyst: Unum Capital
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