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MERC forms Bollinger Band Squeeze on September 15
MERC posted a 0.65% gain on Monday, September 15th, accompanied by 0.4× normal trading volume. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 3.05, 3.01 & 2.96, with resistance at 3.14, 3.19 & 3.23. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MERC: F
More technical signals and insights for MERC → Visit SwingTradeBot.com
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