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Is MBI setting up for a drop? Stochastic Reached Oversold shows up after slipping 2.94%
MBI posted a 2.94% loss on Wednesday, September 17th, accompanied by 1.9× normal trading volume. Stochastic Reached Oversold was spotted, which could indicate a shift in momentum. Key support levels exist at 6.78, 6.62 & 6.39, with resistance at 7.17, 7.4 & 7.56. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MBI: C
Traders are watching MBI for a reason. See the full signal list.
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