On the daily chart below, the 78.6% fibonacci line supports BHI's price last price. This has been a strong support since it has been tested many times in the past. Does it mean that it is the time for this stock to rise again?
Last candlestick is a doji. It's telling that there is an indecision on the price. And since its a downtrend, a reversal may be possible. We'll need a confirmation for that on the next trading day.
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