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Is MNR about to break its pattern? NR7 shows up after declining 0.88%
MNR finished lower by 0.88% on Monday, August 3rd, trading 0.5 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 13.44, 13.37 & 13.3, with resistance at 13.58, 13.65 & 13.72. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MNR: A
There’s more where that came from. See all of today’s signals for MNR here.
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