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Crossed Above 200 Day Moving Average appears for MC after 0.48% move
MC closed up 0.48% on Thursday, June 25th, with volume running 0.6× below average. Mixed technical signals appeared with Crossed Above 200 DMA suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 64.32, 63.19 & 61.76, with resistance at 66.88, 68.31 & 69.44. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MC: C
There’s more where that came from. See all of today’s signals for MC here.
Read full article here »