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Is ITRN showing downside potential? Expansion Breakdown shows up after slipping 2.59%
ITRN closed down 2.59% on Friday, August 7th, with volume running 1.3× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 51.99, 51.02 & 49.41, with resistance at 54.57, 56.18 & 57.15. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ITRN: D
This might just be the start. See what else showed up for ITRN today.
Read full article here »