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MCS forms Jack-in-the-box Bullish on June 29
MCS closed down 4.66% on Monday, June 29th, with volume running 2.2× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Jack-in-the-Box Bullish, often signaling a possible continuation. Key support levels exist at 23.22, 22.72 & 21.97, with resistance at 24.47, 25.22 & 25.72. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MCS: A
More technical signals and insights for MCS → Visit SwingTradeBot.com
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