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Is MLP likely to continue higher? Slingshot Bullish shows up after slipping 1.93%
MLP posted a 1.93% loss on Tuesday, June 30th, accompanied by 0.5× normal trading volume. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 17.29, 16.79 & 16.39, with resistance at 18.19, 18.59 & 19.09.
Current SwingTradeBot Technical Rating of MLP: C
Today’s move could mean more—check all the signals for MLP on SwingTradeBot.
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