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Is MPT heading for a slide? New 52 Week Low shows up after climbing 4.37%
MPT finished higher by 4.37% on Friday, June 26th, trading 1.4 times its typical volume. Multiple bullish signals emerged — New 52 Week Low and Lower Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 4.37, 4.21 & 4.12, with resistance at 4.62, 4.71 & 4.87. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MPT: F
Just a sneak peek — check SwingTradeBot.com for the full story on MPT.
Read full article here »