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IMA forms Bollinger Band Squeeze on August 27
IMA closed down 1.84% on Thursday, August 27th, with volume running 1.1× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 5.27, 5.22 & 5.1, with resistance at 5.44, 5.56 & 5.61. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of IMA: F
Just a sneak peek — check SwingTradeBot.com for the full story on IMA.
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