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Crossed Above 20 Day Moving Average appears for MCHP after 1.89% move
On Friday, August 14th, MCHP moved up 1.89% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 77.84, 76.52 & 75.76, with resistance at 79.91, 80.67 & 81.99.
Current SwingTradeBot Technical Rating of MCHP: C
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