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IBEX forms Upper Bollinger Band Walk on September 16
On Tuesday, September 16th, IBEX moved up 0.1% while volume was to 3.2× the usual levels. The unusually high volume suggests institutional participation in today's move. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 37.99, 37.1 & 36.51, with resistance at 39.47, 40.06 & 40.95.
Current SwingTradeBot Technical Rating of IBEX: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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