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IOSP forms 20 Day Moving Average Resistance on June 29
IOSP closed down 2.34% on Monday, June 29th, with volume running 0.3× below average. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 79.77, 78.84 & 77.34, with resistance at 82.2, 83.7 & 84.63.
Current SwingTradeBot Technical Rating of IOSP: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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