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Narrow Range Bar appears for MI after 3.4% move
MI posted a 3.4% gain on Monday, July 6th, accompanied by 0.0× normal trading volume. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 9.72, 9.72 & 9.72, with resistance at 9.72, 9.72 & 9.72. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MI: F
Today’s move could mean more—check all the signals for MI on SwingTradeBot.
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