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Bollinger Band Squeeze appears for MGPI after 0.72% move
On Monday, September 15th, MGPI moved down 0.72% while volume was to 1.1× the usual levels. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 27.41, 27.06 & 26.68, with resistance at 28.15, 28.54 & 28.89. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MGPI: F
Traders are watching MGPI for a reason. See the full signal list.
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