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Hot IPO Pullback appears for MFP after 2.11% move
On Tuesday, July 14th, MFP moved up 2.11% while volume was to 0.8× the usual levels. Hot IPO Pullback — typically a warning sign for traders — developed during the session. Key support levels exist at 42.43, 41.37 & 40.53, with resistance at 44.33, 45.17 & 46.23.
Current SwingTradeBot Technical Rating of MFP: B
Just a sneak peek — check SwingTradeBot.com for the full story on MFP.
Read full article here »