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Is MRCY positioned for a breakdown? 50 Day Moving Average Resistance shows up after surging 7.54%
MRCY finished higher by 7.54% on Thursday, July 23rd, trading 0.9 times its typical volume. 50 DMA Resistance was spotted, which could indicate a shift in momentum. Key support levels exist at 100.53, 94.68 & 91.34, with resistance at 109.72, 113.06 & 118.91.
Current SwingTradeBot Technical Rating of MRCY: B
There’s more where that came from. See all of today’s signals for MRCY here.
Read full article here »