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BSG is sitting hard on the ascending trend line (blue) and 200 DMA support level. With the MACD and Stochastics in a bearish relationship a break of $2.71 would project a target of $2.44.Chart Chat notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing how technical analysis can be applied to a chart in real time to identify potential profitable trades
BSG is sitting hard on the ascending trend line (blue) and 200 DMA support level. With the MACD and Stochastics in a bearish relationship a break of $2.71 would project a target of $2.44.