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Crossed Above 50 Day Moving Average appears for IDR after 8.13% move
IDR closed up 8.13% on Friday, August 7th, with volume running 0.2× below average. Multiple bullish signals emerged — Crossed Above 50 DMA and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 34.16, 33.14 & 32.54, with resistance at 35.78, 36.38 & 37.4. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
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 »