INDB Long- Three rising valleys
- Bullish Divergence
- Current backtest of massive level from history
- IVH&S on the lower timeframe
INDB trade ideas
INDB Strong SupportVery strong support here. Looks like a good entry with a stop loss under 3% or below 200EMA
INDB could pop or drop BIG TIMEThis stock has began forming a H&S, however, it is part of a raising wedge on the daily chart. Further on the monthly chart it is forming a parabolic breakout. This stock is currently consolidating for a large breakout move in either direction. I would wait to see if it declines to $65.65, then enter or rises above $65.70. This is a stock to watch!
