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200 Day Moving Average Support appears for MAGN after 5.46% move
MAGN finished lower by 5.46% on Monday, June 29th, trading 0.9 times its typical volume. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 11.47, 11.07 & 10.48, with resistance at 12.46, 13.05 & 13.45.
Current SwingTradeBot Technical Rating of MAGN: C
Don’t miss other key signals MAGN triggered—view them now on SwingTradeBot.com.
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