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Fell Below 20 Day Moving Average appears for IVR after 1.13% move
On Monday, June 22nd, IVR moved down 1.13% while volume increased to 1.9× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 7.84, 7.78 & 7.67, with resistance at 8.01, 8.12 & 8.18.
Current SwingTradeBot Technical Rating of IVR: C
This might just be the start. See what else showed up for IVR today.
Read full article here »