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Fell Below 20 Day Moving Average appears for MMLP after 2.65% move
On Wednesday, June 17th, MMLP moved down 2.65% while volume shrunk to 0.4× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 2.52, 2.48 & 2.41, with resistance at 2.64, 2.71 & 2.75.
Current SwingTradeBot Technical Rating of MMLP: D
This might just be the start. See what else showed up for MMLP today.
Read full article here »