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Crossed Above 20 Day Moving Average appears for MG after 1.4% move
On Tuesday, August 4th, MG moved up 1.4% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 15.78, 15.64 & 15.53, with resistance at 16.03, 16.14 & 16.28.
Current SwingTradeBot Technical Rating of MG: C
There’s more where that came from. See all of today’s signals for MG here.
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