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IBP forms Bollinger Band Squeeze on July 16
IBP closed up 2.98% on Thursday, July 16th, with volume running 0.6× below average. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 230.13, 224.85 & 221.8, with resistance at 238.45, 241.5 & 246.78.
Current SwingTradeBot Technical Rating of IBP: C
This might just be the start. See what else showed up for IBP today.
Read full article here »