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Directional Movement Crossover Bullish appears for MTX after 0.38% move
On Wednesday, August 26th, MTX moved up 0.38% while volume was to 0.8× the usual levels. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Shooting Star Candlestick and 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 71.44, 70.8 & 69.81, with resistance at 73.07, 74.06 & 74.7.
Current SwingTradeBot Technical Rating of MTX: D
There’s more where that came from. See all of today’s signals for MTX here.
Read full article here »