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Is AIB setting up for a drop? 20 Day Moving Average Resistance shows up after declining 4.98%
AIB closed down 4.98% on Thursday, June 25th, with volume running 0.3× below average. Multiple bearish signals emerged — 20 DMA Resistance, Bearish Engulfing & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 1.97, 1.83 & 1.63, with resistance at 2.31, 2.51 & 2.65.
Current SwingTradeBot Technical Rating of AIB: A
This might just be the start. See what else showed up for AIB today.
Read full article here »