BCC rebound
BCC has dropped ~28.5% from it's ATH. Lumber was a hot commodity and cooled off, but looks poised to bounce back. BCC has pulled back to it's long term trendline and it's 2nd Fib retracement level. It also has support from the 150SMA which looks like support from it's previous corrections. RSI showing bullish divergence. This could be a good swing trade to the first Fib level where it would hit resistance.
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.