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Is MNSO heading for a slide? New 52 Week Closing Low shows up after sinking 0.61%
MNSO finished lower by 0.61% on Wednesday, June 24th, trading 1.2 times its typical volume. Multiple bearish signals emerged — New 52 Week Closing Low and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 11.25, 11.15 & 10.99, with resistance at 11.51, 11.67 & 11.77. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MNSO: F
There’s more where that came from. See all of today’s signals for MNSO here.
Read full article here »