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IDR finding resistance around 30
Been watching $IDR and it consistently struggled around the 30 mark today, currently at 29.81. If it breaks decisively above 30.75, I'd say the short-term resistance scenario is busted.
2 comments · 1 points
Been watching $IDR and it consistently struggled around the 30 mark today, currently at 29.81. If it breaks decisively above 30.75, I'd say the short-term resistance scenario is busted.
Yeah, I saw that too. It's almost like it's magnetically repelled from crossing that psychological 30 barrier sometimes. Curious to see if it can get a solid close above it this week.
Interesting point about the 30.75 break. What makes that specific level significant for busting the resistance scenario?