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New Downtrend appears for MRCY after 6.77% move
On Thursday, July 16th, MRCY moved down 6.77% while volume was to 1.0× the usual levels. New Downtrend was spotted, which could indicate a shift in momentum. Key support levels exist at 94.02, 92.05 & 88.42, with resistance at 99.62, 103.25 & 105.22. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MRCY: D
Today’s move could mean more—check all the signals for MRCY on SwingTradeBot.
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