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MGY forms MACD Bearish Signal Line Cross on August 4
On Tuesday, August 4th, MGY moved down 2.19% while volume shrunk to 0.3× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 24.39, 24.2 & 23.95, with resistance at 24.82, 25.07 & 25.26.
Current SwingTradeBot Technical Rating of MGY: D
Just a sneak peek — check SwingTradeBot.com for the full story on MGY.
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