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Is IPM positioned for a breakout? Crossed Above 20 Day Moving Average shows up after rising 2.51%
IPM closed up 2.51% on Wednesday, October 1st, with volume running 0.1× below average. Multiple bullish signals emerged — Crossed Above 20 DMA and 50 DMA Support — suggesting potential strength ahead. Key support levels exist at 1.96, 1.89 & 1.82, with resistance at 2.1, 2.17 & 2.24. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IPM: D
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