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Pocket Pivot appears for IBP after 2.78% move
IBP finished higher by 2.78% on Friday, June 26th, trading 1.1 times its typical volume. Multiple bullish signals emerged — Stochastic Reached Overbought, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 226.68, 220.04 & 216.72, with resistance at 236.64, 239.96 & 246.6. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of IBP: D
There’s more where that came from. See all of today’s signals for IBP here.
Read full article here »