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Crossed Above 50 Day Moving Average appears for IBN after 1.85% move
On Wednesday, October 15th, IBN moved up 1.85% while volume was to 1.0× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA, Crossed Above 200 DMA & Stochastic Reached Overbought — suggesting potential strength ahead. Key support levels exist at 31.66, 31.41 & 31.25, with resistance at 32.07, 32.23 & 32.48. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IBN: C
Just a sneak peek — check SwingTradeBot.com for the full story on IBN.
Read full article here »