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IBEX forms Upper Bollinger Band Walk on September 19
IBEX closed down 2.52% on Friday, September 19th, with volume running 2.0× above average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 40.24, 39.53 & 38.45, with resistance at 42.03, 43.11 & 43.82. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IBEX: C
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