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Is MC positioned for a breakdown? Fell Below 50 Day Moving Average shows up after declining 3.21%
MC closed down 3.21% on Wednesday, June 24th, with volume running 0.7× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 64.14, 63.13 & 61.51, with resistance at 66.78, 68.4 & 69.41.
Current SwingTradeBot Technical Rating of MC: C
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