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IRD forms New Downtrend on July 23
IRD closed down 4.26% on Thursday, July 23rd, with volume running 1.5× above average. New Downtrend — typically a warning sign for traders — developed during the session. Key support levels exist at 2.87, 2.82 & 2.75, with resistance at 3.0, 3.07 & 3.12. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of IRD: F
Just a sneak peek — check SwingTradeBot.com for the full story on IRD.
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