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Is MLP heading for a slide? MACD Bearish Signal Line Cross shows up after sinking 3.64%
MLP closed down 3.64% on Wednesday, June 24th, with volume running 1.8× above average. MACD Bearish Signal Line Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 17.41, 17.08 & 16.45, with resistance at 18.37, 19.0 & 19.33.
Current SwingTradeBot Technical Rating of MLP: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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