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Is IBP preparing to trend higher? Upper Bollinger Band Walk shows up after sliding 2.65%
On Wednesday, August 12th, IBP moved down 2.65% while volume was to 0.8× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 239.18, 235.41 & 228.7, with resistance at 249.65, 256.36 & 260.13.
Current SwingTradeBot Technical Rating of IBP: D
There’s more where that came from. See all of today’s signals for IBP here.
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