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Is MHK preparing to trend higher? New Uptrend shows up after advancing 2.66%
MHK posted a 2.66% gain on Friday, August 7th, accompanied by 1.1× normal trading volume. New Uptrend — typically a warning sign for traders — developed during the session. Key support levels exist at 133.33, 130.71 & 128.68, with resistance at 137.97, 140.0 & 142.62. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MHK: A
There’s more where that came from. See all of today’s signals for MHK here.
Read full article here »