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MSI Crossed Above 20 Day Moving Average on July 16
On Thursday, July 16th, MSI moved up 1.72% while volume shrunk to 0.4× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and Crossed Above 50 DMA and Bullish Engulfing suggesting upside potential, while MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 408.36, 402.52 & 399.59, with resistance at 417.14, 420.07 & 425.91.
Current SwingTradeBot Technical Rating of MSI: C
This might just be the start. See what else showed up for MSI today.
Read full article here »