Post by
JoeBravo1 on Mar 15, 2024 11:00am
Close Today Above $46.58 Would Be BUY Signal...
I'm sure the selling pressure will try to keep the price down as there is still a major Short Interest, but if the price can close above $46.58 today, it would produce a BUY Signal and maybe a major reversal for BCE shares.
There are a couple gaps to fill above today's trading, the first one at $48.02, then $52.85 and the one that may take some time at $57.19.
No matter what some may think, BCE does fill its gaps eventually. Look at the historic chart.
Comment by
JoeBravo1 on Mar 15, 2024 11:18am
Bottom of Bollinger Band currently sits at $46.75 with RSI showing way Oversold at 23.9. Current share price at $46.41 means BCE has a lot of ground to make up. $46.58 close would be huge today. Fingers crossed.
Comment by
newcoin on Mar 15, 2024 4:00pm
Excellent call! Up, up and away!