BCR Stumbles Below 200 DMA
Posted on Tue 13th Mar, 2007 06:59:59 PM
Check out a chart of Bard (BCR) Medical and you can see the stock just today fell below its 200 day moving average, a sign of yet more lower prices to come. Today’s sell off was on higher distribution volume, and closed at $77.25 right near its low of the day. I post BCR up as it is one of the most recent stocks I’ve seen that was a big mover gone red and now is trading below its 200 DMA. Another stock that closed today below its 200 day is Charlotte Russe (CHIC), which lost just over 7% today. Below though is a chart of Bard.
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