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Is MCO showing downside potential? Fell Below 20 Day Moving Average shows up after sinking 3.57%
MCO finished lower by 3.57% on Thursday, July 23rd, trading 1.2 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 468.11, 463.98 & 455.83, with resistance at 480.38, 488.53 & 492.66.
Current SwingTradeBot Technical Rating of MCO: C
There’s more where that came from. See all of today’s signals for MCO here.
Read full article here »