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IRS forms Jack-in-the-box Bearish on August 12
IRS posted a 0.76% gain on Wednesday, August 12th, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — Lower Bollinger Band Walk and Jack-in-the-Box Bearish — suggesting potential weakness ahead. Key support levels exist at 14.45, 14.25 & 14.08, with resistance at 14.83, 15.0 & 15.2. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of IRS: D
There’s more where that came from. See all of today’s signals for IRS here.
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