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Is MRCY set to rally? Crossed Above 20 Day Moving Average shows up after rocketing 10.99%
MRCY finished higher by 10.99% on Tuesday, June 30th, trading 1.5 times its typical volume. Multiple bullish signals emerged — Crossed Above 20 DMA, New 52 Week High, New 52 Week Closing High & Expansion Breakout — suggesting potential strength ahead. Key support levels exist at 114.25, 106.16 & 101.97, with resistance at 126.53, 130.72 & 138.81.
Current SwingTradeBot Technical Rating of MRCY: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »