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MEC forms Slingshot Bearish on August 27
On Thursday, August 27th, MEC moved down 1.6% while volume was to 0.8× the usual levels. Slingshot Bearish was spotted, which could indicate a shift in momentum. Key support levels exist at 20.02, 19.71 & 19.19, with resistance at 20.85, 21.37 & 21.68. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MEC: F
What else did MEC do today? Find out on SwingTradeBot.
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