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Is MPC preparing to trend lower? New Downtrend shows up after rising 0.5%
MPC finished higher by 0.5% on Thursday, August 6th, trading 0.7 times its typical volume. Multiple bearish signals emerged — New Downtrend and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 294.21, 289.17 & 284.61, with resistance at 303.81, 308.37 & 313.41.
Current SwingTradeBot Technical Rating of MPC: B
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