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Is IVA poised for gains? Crossed Above 50 Day Moving Average shows up after surging 10.28%
On Wednesday, October 15th, IVA moved up 10.28% while volume was to 3.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 50 DMA and Stochastic Buy Signal — suggesting potential strength ahead. Key support levels exist at 4.93, 4.39 & 4.12, with resistance at 5.74, 6.01 & 6.55.
Current SwingTradeBot Technical Rating of IVA: C
There’s more where that came from. See all of today’s signals for IVA here.
Read full article here »