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Is MDWD signaling a buying opportunity? Crossed Above 50 Day Moving Average shows up after climbing 3.31%
MDWD closed up 3.31% on Thursday, September 11th, with volume running 5.6× above average. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 50 DMA and Pocket Pivot suggesting upside potential, while Shooting Star Candlestick and Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 18.41, 17.77 & 16.82, with resistance at 20.0, 20.95 & 21.59.
Current SwingTradeBot Technical Rating of MDWD: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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