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MSEX forms New Uptrend on July 6
MSEX closed down 1.53% on Monday, July 6th, with volume running 0.2× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 56.25, 55.84 & 55.34, with resistance at 57.16, 57.66 & 58.07. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of MSEX: B
Today’s move could mean more—check all the signals for MSEX on SwingTradeBot.
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