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MNDO forms Upper Bollinger Band Walk on July 2
MNDO posted a 1.9% gain on Thursday, July 2nd, accompanied by 0.2× normal trading volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 1.06, 1.05 & 1.04, with resistance at 1.09, 1.1 & 1.11. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MNDO: D
There’s more where that came from. See all of today’s signals for MNDO here.
Read full article here »