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Is MVST showing downside potential? New 52 Week Closing Low shows up after crashing 7.1%
MVST closed down 7.1% on Friday, July 24th, with volume running 1.9× above average. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.76, 0.73 & 0.67, with resistance at 0.86, 0.92 & 0.95. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MVST: F
There’s more where that came from. See all of today’s signals for MVST here.
Read full article here »