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Is MTEX primed for volatility? Narrow Range Bar shows up after advancing 2.42%
On Tuesday, August 4th, MTEX moved up 2.42% while volume shrunk to 0.5× the usual levels. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 4.92, 4.78 & 4.7, with resistance at 5.14, 5.22 & 5.36.
Current SwingTradeBot Technical Rating of MTEX: F
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