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Is IBN about to break its pattern? Bollinger Band Squeeze shows up after declining 0.79%
IBN finished lower by 0.79% on Wednesday, August 26th, trading 1.7 times its typical volume. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 29.96, 29.77 & 29.43, with resistance at 30.5, 30.84 & 31.03.
Current SwingTradeBot Technical Rating of IBN: B
Just a sneak peek — check SwingTradeBot.com for the full story on IBN.
Read full article here »