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Is MCRP positioned for a breakout? Crossed Above 20 Day Moving Average shows up after a flat session
On Friday, August 7th, MCRP remained flat, accompanied by volume at 0.2× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.23, 1.2 & 1.17, with resistance at 1.3, 1.33 & 1.36.
Current SwingTradeBot Technical Rating of MCRP: F
Don’t miss other key signals MCRP triggered—view them now on SwingTradeBot.com.
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