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Is IOSP showing upside potential? Slingshot Bullish shows up after dropping 0.9%
On Thursday, August 20th, IOSP moved down 0.9% while volume shrunk to 0.6× the usual levels. The session formed a Slingshot Bullish, often signaling a possible continuation. Key support levels exist at 91.62, 90.32 & 88.85, with resistance at 94.4, 95.87 & 97.17. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of IOSP: A
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