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Is MCS poised for gains? Pocket Pivot shows up after advancing 1.36%
MCS posted a 1.36% gain on Tuesday, June 23rd, accompanied by 2.7× normal trading volume. The unusually high volume suggests institutional participation in today's move. Pocket Pivot was spotted, which could indicate a shift in momentum. Key support levels exist at 23.42, 23.02 & 22.63, with resistance at 24.21, 24.6 & 25.0. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MCS: A
There’s more where that came from. See all of today’s signals for MCS here.
Read full article here »