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Crossed Above 50 Day Moving Average appears for IDR after 8.45% move
IDR closed up 8.45% on Friday, August 7th, with volume running 1.2× above average. Multiple bullish signals emerged — Crossed Above 50 DMA and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 34.04, 32.81 & 32.13, with resistance at 35.96, 36.64 & 37.87. Technical indicators like Slow Stochastic reveal overbought momentum right now.
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 »