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MGPI forms Stochastic Buy Signal on September 12
MGPI finished lower by 1.31% on Friday, September 12th, trading 0.7 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 27.73, 27.5 & 27.19, with resistance at 28.27, 28.58 & 28.81. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MGPI: F
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