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Is MOGU building bullish momentum? 20 Day Moving Average Support shows up after soaring 6.35%
MOGU finished higher by 6.35% on Monday, July 27th, trading 2.6 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — 20 DMA Support, Crossed Above 50 DMA, Expansion Pivot Buy Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 1.89, 1.77 & 1.68, with resistance at 2.09, 2.18 & 2.3.
Current SwingTradeBot Technical Rating of MOGU: F
There’s more where that came from. See all of today’s signals for MOGU here.
Read full article here »