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Is MEC about to break its pattern? NR7 shows up after climbing 2.92%
On Thursday, July 9th, MEC moved up 2.92% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 33.26, 32.99 & 32.64, with resistance at 33.88, 34.23 & 34.5. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MEC: A
Just a sneak peek — check SwingTradeBot.com for the full story on MEC.
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