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Is MLAB positioned for a breakout? Crossed Above 20 Day Moving Average shows up after rocketing 5.03%
On Thursday, July 16th, MLAB moved up 5.03% while volume shrunk to 0.2× the usual levels. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 95.34, 91.24 & 88.97, with resistance at 101.71, 103.98 & 108.08.
Current SwingTradeBot Technical Rating of MLAB: C
There’s more where that came from. See all of today’s signals for MLAB here.
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