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Is IVZ positioned for a breakout? New 52 Week High shows up after sinking 0.98%
IVZ posted a 0.98% loss on Thursday, August 6th, accompanied by 1.5× normal trading volume. Multiple bullish signals emerged — New 52 Week High and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 31.4, 31.11 & 30.53, with resistance at 32.27, 32.85 & 33.14. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of IVZ: A
Just a sneak peek — check SwingTradeBot.com for the full story on IVZ.
Read full article here »