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Is MFC poised for gains? New 52 Week Closing High shows up after climbing 0.7%
On Thursday, July 16th, MFC moved up 0.7% while volume was to 0.8× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, New Uptrend, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 43.02, 42.66 & 42.49, with resistance at 43.55, 43.72 & 44.08. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MFC: A
There’s more where that came from. See all of today’s signals for MFC here.
Read full article here »