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MCFT Crossed Above 20 Day Moving Average on June 18
MCFT posted a 2.96% gain on Thursday, June 18th, accompanied by 1.2× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 22.91, 22.52 & 22.2, with resistance at 23.62, 23.94 & 24.33.
Current SwingTradeBot Technical Rating of MCFT: C
Today’s move could mean more—check all the signals for MCFT on SwingTradeBot.
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