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Is MBC likely to continue higher? 50 Day Moving Average Support shows up after declining 2.56%
MBC finished lower by 2.56% on Thursday, August 20th, trading 0.7 times its typical volume. The session formed a 50 DMA Support, often signaling a possible continuation. Key support levels exist at 9.02, 8.89 & 8.78, with resistance at 9.26, 9.37 & 9.5.
Current SwingTradeBot Technical Rating of MBC: D
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