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Is MORN gaining bearish strength? New 52 Week Closing Low shows up after dropping 1.91%
MORN finished lower by 1.91% on Wednesday, June 24th, trading 0.7 times its typical volume. New 52 Week Closing Low — typically a warning sign for traders — developed during the session. Key support levels exist at 151.22, 149.2 & 145.31, with resistance at 157.13, 161.02 & 163.04. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MORN: F
There’s more where that came from. See all of today’s signals for MORN here.
Read full article here »