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IHRT forms Bearish Engulfing on June 30
IHRT closed down 4.45% on Tuesday, June 30th, with volume running 0.8× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 4.09, 3.89 & 3.62, with resistance at 4.56, 4.82 & 5.03. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IHRT: C
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