TUE 5/26: IBP – Still Dealing With Resistance of the Round-$220 – Needs to Close Above There

Latest Chart Update: IBP

10:20 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.