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Is MQ positioned for a breakout? 200 Day Moving Average Support shows up after sinking 1.64%
MQ finished lower by 1.64% on Friday, July 31st, trading 0.7 times its typical volume. 200 DMA Support — typically a warning sign for traders — developed during the session. Key support levels exist at 17.12, 16.87 & 16.6, with resistance at 17.64, 17.91 & 18.15.
Current SwingTradeBot Technical Rating of MQ: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »