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MDA forms Slingshot Bearish on July 20
MDA closed down 0.89% on Monday, July 20th, with volume running 0.6× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 29.59, 29.22 & 28.5, with resistance at 30.68, 31.4 & 31.77. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MDA: F
There’s more where that came from. See all of today’s signals for MDA here.
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