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Is IE setting up for a drop? New 52 Week Closing Low shows up after slipping 4.51%
IE closed down 4.51% on Thursday, July 16th, with volume running 1.2× above average. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & New Downtrend — suggesting potential weakness ahead. Key support levels exist at 8.0, 7.73 & 7.46, with resistance at 8.53, 8.8 & 9.07.
Current SwingTradeBot Technical Rating of IE: F
What else did IE do today? Find out on SwingTradeBot.
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