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MGRC Fell Below 50 Day Moving Average on August 20
MGRC finished lower by 1.6% on Thursday, August 20th, trading 0.6 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 115.76, 115.08 & 113.97, with resistance at 117.55, 118.66 & 119.34.
Current SwingTradeBot Technical Rating of MGRC: C
Today’s move could mean more—check all the signals for MGRC on SwingTradeBot.
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