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Is IMO poised for a decline? Non-ADX 1,2,3,4 Bearish shows up after sliding 1.04%
IMO finished lower by 1.04% on Thursday, July 9th, trading 0.7 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 119.46, 118.92 & 118.09, with resistance at 120.83, 121.66 & 122.2. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IMO: B
See all signals and full analysis for IMO on SwingTradeBot.com →
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