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MCHP forms NR7 on August 11
On Tuesday, August 11th, MCHP moved down 0.47% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 79.98, 78.94 & 77.21, with resistance at 82.74, 84.47 & 85.51.
Current SwingTradeBot Technical Rating of MCHP: C
What else did MCHP do today? Find out on SwingTradeBot.
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