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Is MNDO likely to continue higher? 50 Day Moving Average Support shows up after sliding 0.49%
On Friday, August 14th, MNDO moved down 0.49% while volume shrunk to 0.0× the usual levels. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.01, 1.0 & 1.0, with resistance at 1.02, 1.02 & 1.03.
Current SwingTradeBot Technical Rating of MNDO: D
There’s more where that came from. See all of today’s signals for MNDO here.
Read full article here »