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MEC forms 20 Day Moving Average Resistance on July 16
MEC closed down 4.21% on Thursday, July 16th, with volume running 0.7× below average. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 31.65, 30.8 & 29.11, with resistance at 34.18, 35.87 & 36.72.
Current SwingTradeBot Technical Rating of MEC: B
This might just be the start. See what else showed up for MEC today.
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