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Is IHRT heading for a slide? 50 Day Moving Average Resistance shows up after sliding 3.27%
On Tuesday, August 4th, IHRT moved down 3.27% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.76, 3.66 & 3.53, with resistance at 3.99, 4.12 & 4.22.
Current SwingTradeBot Technical Rating of IHRT: C
There’s more where that came from. See all of today’s signals for IHRT here.
Read full article here »