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MGTX makes New 52 Week Closing High on July 7
MGTX posted a 5.54% gain on Tuesday, July 7th, accompanied by 2.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, Wide Range Bar, New 52 Week Closing High, Upper Bollinger Band Walk, Slingshot Bullish, Reversal New Highs Setup, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 13.32, 11.99 & 10.97, with resistance at 15.67, 16.69 & 18.02. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MGTX: A
This might just be the start. See what else showed up for MGTX today.
Read full article here »