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IT forms 20 Day Moving Average Resistance on July 22
IT closed down 2.05% on Wednesday, July 22nd, with volume running 0.8× below average. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 130.21, 128.41 & 125.22, with resistance at 135.2, 138.39 & 140.19.
Current SwingTradeBot Technical Rating of IT: F
Today’s move could mean more—check all the signals for IT on SwingTradeBot.
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