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Is MCRI preparing to trend higher? Crossed Above 20 Day Moving Average shows up after rising 2.03%
MCRI closed up 2.03% on Thursday, September 11th, with volume running 0.4× below average. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 103.12, 101.75 & 101.05, with resistance at 105.19, 105.89 & 107.26.
Current SwingTradeBot Technical Rating of MCRI: C
Just a sneak peek — check SwingTradeBot.com for the full story on MCRI.
Read full article here »