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MQ forms NR7 on August 11
MQ closed down 0.19% on Tuesday, August 11th, with volume running 0.1× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 15.42, 15.28 & 15.12, with resistance at 15.72, 15.88 & 16.02. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MQ: D
There’s more where that came from. See all of today’s signals for MQ here.
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