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Upper Bollinger Band Walk appears for MTG after 1.18% move
MTG posted a 1.18% gain on Thursday, June 25th, accompanied by 0.9× normal trading volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 27.01, 26.64 & 26.2, with resistance at 27.82, 28.26 & 28.63. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MTG: C
Just a sneak peek — check SwingTradeBot.com for the full story on MTG.
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