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IOSP forms Bullish Engulfing on September 11
On Thursday, September 11th, IOSP moved up 0.69% while volume was to 1.0× the usual levels. Bullish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 82.77, 81.88 & 81.29, with resistance at 84.25, 84.84 & 85.73. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IOSP: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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