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MGPI forms Bullish Engulfing on September 11
On Thursday, September 11th, MGPI moved up 2.64% while volume was to 1.1× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 27.75, 27.15 & 26.8, with resistance at 28.69, 29.04 & 29.64. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of MGPI: F
There’s more where that came from. See all of today’s signals for MGPI here.
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