Bear Stearns shares fall
Friday, August 03, 2007
Bear Stearns Companies shares fall today more than 6% to $108.35 after Standard & Poor's downgrade the stock to 'negative' from 'stable'. Looking at the technical chart stock is in a clear downtrend with all indicators moving down, however RSI is an oversold conditions and a bounce can appear soon. Let's see.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.
Labels: BSC
