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Is MB preparing for a move? Narrow Range Bar shows up after declining 1.15%
On Thursday, August 13th, MB moved down 1.15% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 5.75, 5.48 & 5.12, with resistance at 6.39, 6.75 & 7.02. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MB: D
Just a sneak peek — check SwingTradeBot.com for the full story on MB.
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