Although BNR is looking bearish on the SMA and MACD indicators, we do see on the RSI that BNR is currently oversold...
The RSI alone is making me bullish on a quick 10-20% profit because the stock can retrace to an upper support level.
This is purely speculative however, as it is entire possible that BNR will continue to drop to a lower support level.
The RSI alone is making me bullish on a quick 10-20% profit because the stock can retrace to an upper support level.
This is purely speculative however, as it is entire possible that BNR will continue to drop to a lower support level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.