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Is MGY signaling a buying opportunity? Pocket Pivot shows up after advancing 4.36%
MGY closed up 4.36% on Thursday, August 6th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 24.14, 23.53 & 22.89, with resistance at 25.39, 26.03 & 26.64.
Current SwingTradeBot Technical Rating of MGY: D
Just a sneak peek — check SwingTradeBot.com for the full story on MGY.
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