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Upper Bollinger Band Walk appears for MTW after 2.75% move
MTW posted a 2.75% gain on Wednesday, June 24th, accompanied by 0.2× normal trading volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 13.22, 12.99 & 12.79, with resistance at 13.65, 13.85 & 14.08. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MTW: B
There’s more where that came from. See all of today’s signals for MTW here.
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