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Is MSEX preparing for a move? NR7 shows up after slipping 0.21%
On Friday, July 24th, MSEX moved down 0.21% while volume shrunk to 0.7× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 55.87, 55.55 & 55.02, with resistance at 56.72, 57.25 & 57.57.
Current SwingTradeBot Technical Rating of MSEX: B
There’s more where that came from. See all of today’s signals for MSEX here.
Read full article here »