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Is MUFG ready to move higher? Crossed Above 20 Day Moving Average shows up after gaining 2.66%
MUFG posted a 2.66% gain on Wednesday, August 5th, accompanied by 0.4× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 22.33, 22.25 & 22.1, with resistance at 22.57, 22.72 & 22.8.
Current SwingTradeBot Technical Rating of MUFG: A
There’s more where that came from. See all of today’s signals for MUFG here.
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