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Is MCY showing upside potential? New 52 Week Closing High shows up after climbing 1.56%
MCY posted a 1.56% gain on Tuesday, June 16th, accompanied by 1.0× normal trading volume. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 101.72, 100.84 & 100.14, with resistance at 103.3, 104.0 & 104.88. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MCY: A
Just a sneak peek — check SwingTradeBot.com for the full story on MCY.
Read full article here »