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Sotheby’s Stock Holds $40 Support Level

April 11, 2014 by Marion Maneker

BID 2010 to 2014 $40

 

Going back to 2010, $40 has been a significant price level for Sotheby’s stock (BID). When the stock is above $40, the price acts as support. Below $40, it becomes resistance.

With the battle over board seats heating up, the question is whether $40 will keep supporting the stock.

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