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Is MGRC showing upside potential? Crossed Above 20 Day Moving Average shows up after advancing 3.92%
MGRC closed up 3.92% on Monday, August 3rd, with volume running 1.6× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 117.99, 116.32 & 115.32, with resistance at 120.67, 121.67 & 123.34.
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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