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Is IPSC positioned for a breakdown? Fell Below 20 Day Moving Average shows up after slipping 4.78%
IPSC closed down 4.78% on Tuesday, June 16th, with volume running 0.4× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 2.15, 2.11 & 2.04, with resistance at 2.27, 2.34 & 2.38.
Current SwingTradeBot Technical Rating of IPSC: C
This might just be the start. See what else showed up for IPSC today.
Read full article here »