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NR7 appears for MORN after 1.38% move
On Thursday, August 6th, MORN moved down 1.38% while volume was to 0.7× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 194.77, 192.97 & 191.07, with resistance at 198.46, 200.36 & 202.16. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MORN: C
There’s more where that came from. See all of today’s signals for MORN here.
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