IRBT Trading in very tight channel
Very stiff resistance @37.60 and a good support provided by 200dma. Price action should be above the trendline as shown in the graph and could break out above the resistance if we have some volume. Couple of days of consolidation and either side is a possibility. Currently trading at upper channel of Bollinger Bands tells me it should hit lower trendline before moving back to test the resistance.
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