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Is MERC poised for a decline? New 52 Week Closing Low shows up after crashing 6.57%
MERC posted a 6.57% loss on Friday, August 14th, accompanied by 0.0× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 0.46, 0.44 & 0.42, with resistance at 0.49, 0.51 & 0.52. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MERC: F
This might just be the start. See what else showed up for MERC today.
Read full article here »