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Is MHK poised for gains? New Uptrend shows up after climbing 2.75%
On Friday, August 7th, MHK moved up 2.75% while volume was to 1.0× the usual levels. New Uptrend — typically a warning sign for traders — developed during the session. Key support levels exist at 133.42, 130.78 & 128.81, with resistance at 138.03, 140.0 & 142.64. Technical indicators like Slow Stochastic reveal overbought momentum right now.
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 »