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20 Day Moving Average Resistance appears for MEC after 4.26% move
On Thursday, July 16th, MEC moved down 4.26% while volume shrunk to 0.2× the usual levels. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 31.74, 30.99 & 29.5, with resistance at 33.98, 35.47 & 36.22.
Current SwingTradeBot Technical Rating of MEC: A
This might just be the start. See what else showed up for MEC today.
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