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MGX Fell Below 20 Day Moving Average on September 15
MGX closed down 2.15% on Monday, September 15th, with volume running 0.4× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.78, 1.73 & 1.68, with resistance at 1.88, 1.93 & 1.98.
Current SwingTradeBot Technical Rating of MGX: F
Today’s move could mean more—check all the signals for MGX on SwingTradeBot.
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