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20 Day Moving Average Support appears for MGEE after 0.78% move
MGEE finished lower by 0.78% on Monday, August 17th, trading 0.1 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 80.81, 80.53 & 80.25, with resistance at 81.38, 81.66 & 81.94.
Current SwingTradeBot Technical Rating of MGEE: C
There’s more where that came from. See all of today’s signals for MGEE here.
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