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Is MMLP gaining bearish strength? 50 Day Moving Average Resistance shows up after dropping 2.1%
On Wednesday, August 19th, MMLP moved down 2.1% while volume shrunk to 0.7× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.25, 2.16 & 2.09, with resistance at 2.41, 2.48 & 2.57.
Current SwingTradeBot Technical Rating of MMLP: D
See all signals and full analysis for MMLP on SwingTradeBot.com →
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