BDL: Watching 46.50 closely after today's move
Bit of a push on $BDL today, closing at 47.06. I'm keeping an eye on the 46.50 level on any pullback; it's acted as a pretty firm support/resistance point on prior consolidations. A sustained break below that would probably invalidate the recent upside momentum for me, suggesting we might re-test the lower 45s.
While 46.50 has been a historical pivot, the volume today wasn't exactly convincing for a sustained move. I'd be more interested in how it holds above 47, given the broader market sentiment.