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Directional Movement Crossover Bullish appears for IRM after 0.76% move
IRM closed down 0.76% on Friday, August 21st, with volume running 0.5× below average. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance and 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 120.72, 119.44 & 117.29, with resistance at 124.15, 126.3 & 127.58.
Current SwingTradeBot Technical Rating of IRM: A
There’s more where that came from. See all of today’s signals for IRM here.
Read full article here »