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Is IDR poised for gains? Crossed Above 50 Day Moving Average shows up after rallying 8.69%
On Wednesday, August 5th, IDR moved up 8.69% while volume increased to 1.6× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 31.86, 30.59 & 29.69, with resistance at 34.04, 34.94 & 36.21.
Current SwingTradeBot Technical Rating of IDR: D
There’s more where that came from. See all of today’s signals for IDR here.
Read full article here »