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Is IBP setting up for a drop? Non-ADX 1,2,3,4 Bearish shows up after climbing 3.28%
On Thursday, June 18th, IBP moved up 3.28% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Upper Bollinger Band Walk and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 213.46, 208.67 & 204.5, with resistance at 222.43, 226.6 & 231.39.
Current SwingTradeBot Technical Rating of IBP: D
Just a sneak peek — check SwingTradeBot.com for the full story on IBP.
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