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Is IR likely to continue lower? 200 Day Moving Average Resistance shows up after sinking 0.33%
IR finished lower by 0.33% on Thursday, July 2nd, trading 0.5 times its typical volume. 200 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 79.4, 78.2 & 77.0, with resistance at 81.79, 82.99 & 84.19. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of IR: C
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