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Is MMLP primed for upward momentum? Crossed Above 50 Day Moving Average shows up after advancing 0.41%
MMLP posted a 0.41% gain on Friday, July 24th, accompanied by 0.1× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 2.42, 2.4 & 2.36, with resistance at 2.48, 2.52 & 2.54. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MMLP: D
There’s more where that came from. See all of today’s signals for MMLP here.
Read full article here »