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Is MBUU showing upside potential? Crossed Above 20 Day Moving Average shows up after rising 4.9%
MBUU finished higher by 4.9% on Wednesday, June 24th, trading 0.3 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 26.7, 25.99 & 25.3, with resistance at 28.09, 28.78 & 29.49. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MBUU: D
There’s more where that came from. See all of today’s signals for MBUU here.
Read full article here »