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Is MQ lining up for a decline? MACD Bearish Centerline Cross shows up after slipping 2.35%
On Friday, September 12th, MQ moved down 2.35% while volume shrunk to 0.5× the usual levels. Multiple bearish signals emerged — Stochastic Reached Oversold and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 5.78, 5.72 & 5.63, with resistance at 5.93, 6.02 & 6.08. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MQ: D
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