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Is MPWR lining up for a decline? 50 Day Moving Average Resistance shows up after declining 1.46%
MPWR finished lower by 1.46% on Monday, August 10th, trading 0.5 times its typical volume. 50 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 1363.55, 1345.99 & 1312.77, with resistance at 1414.33, 1447.55 & 1465.11.
Current SwingTradeBot Technical Rating of MPWR: B
This might just be the start. See what else showed up for MPWR today.
Read full article here »