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50 Day Moving Average Support appears for IBOC after 1.66% move
IBOC posted a 1.66% loss on Friday, September 19th, accompanied by 3.4× normal trading volume. The unusually high volume suggests institutional participation in today's move. 50 DMA Support was spotted, which could indicate a shift in momentum. Key support levels exist at 69.2, 68.62 & 67.82, with resistance at 70.58, 71.38 & 71.96.
Current SwingTradeBot Technical Rating of IBOC: C
See all signals and full analysis for IBOC on SwingTradeBot.com →
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