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Is MDIA primed for volatility? NR7 shows up after gaining 4.95%
On Monday, July 20th, MDIA moved up 4.95% while volume shrunk to 0.0× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.06, 1.06 & 1.06, with resistance at 1.06, 1.06 & 1.06. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MDIA: A
Today’s move could mean more—check all the signals for MDIA on SwingTradeBot.
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