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Is MGRC getting ready to pop? Bollinger Band Squeeze shows up after gaining 1.38%
On Friday, August 14th, MGRC moved up 1.38% while volume shrunk to 0.4× the usual levels. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 120.17, 118.21 & 117.09, with resistance at 123.26, 124.38 & 126.34.
Current SwingTradeBot Technical Rating of MGRC: B
There’s more where that came from. See all of today’s signals for MGRC here.
Read full article here »