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Is MPB poised for gains? New 52 Week Closing High shows up after climbing 0.23%
On Wednesday, July 29th, MPB moved up 0.23% while volume increased to 1.6× the usual levels. Multiple bullish signals emerged — New 52 Week Closing High, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 38.01, 37.59 & 37.17, with resistance at 38.85, 39.27 & 39.69. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MPB: A
This might just be the start. See what else showed up for MPB today.
Read full article here »