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200 Day Moving Average Resistance appears for MDGL after 5.17% move
On Tuesday, August 4th, MDGL moved up 5.17% while volume was to 1.2× the usual levels. Multiple bearish signals emerged — 200 DMA Resistance and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 492.03, 477.15 & 466.28, with resistance at 517.78, 528.65 & 543.53.
Current SwingTradeBot Technical Rating of MDGL: B
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