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Is MBUU primed for downward momentum? Fell Below 200 Day Moving Average shows up after dropping 1.24%
On Friday, June 26th, MBUU moved down 1.24% while volume increased to 1.6× the usual levels. Fell Below 200 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 28.19, 27.64 & 27.04, with resistance at 29.34, 29.94 & 30.49.
Current SwingTradeBot Technical Rating of MBUU: C
There’s more where that came from. See all of today’s signals for MBUU here.
Read full article here »