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Crossed Above 50 Day Moving Average appears for IDR after 8.33% move
IDR finished higher by 8.33% on Friday, August 7th, trading 1.2 times its typical volume. Multiple bullish signals emerged — Crossed Above 50 DMA and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 34.2, 33.16 & 32.59, with resistance at 35.81, 36.38 & 37.42. Slow Stochastic readings suggest the stock is currently overbought.
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 »