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Is IBP gathering momentum? Bollinger Band Squeeze shows up after advancing 1.07%
IBP closed up 1.07% on Tuesday, September 16th, with volume running 0.6× below average. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 258.71, 253.99 & 251.02, with resistance at 266.4, 269.37 & 274.09.
Current SwingTradeBot Technical Rating of IBP: C
This might just be the start. See what else showed up for IBP today.
Read full article here »