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MGRC forms 20 Day Moving Average Resistance on July 30
MGRC finished lower by 1.75% on Thursday, July 30th, trading 2.0 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 112.64, 110.34 & 107.82, with resistance at 117.46, 119.98 & 122.28.
Current SwingTradeBot Technical Rating of MGRC: B
Today’s move could mean more—check all the signals for MGRC on SwingTradeBot.
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