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Crossed Above 50 Day Moving Average appears for MSBI after 1.76% move
MSBI closed up 1.76% on Wednesday, September 17th, with volume running 1.7× above average. Mixed technical signals appeared with Crossed Above 50 DMA and Bullish Engulfing and Expansion Pivot Buy Setup suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 17.57, 17.19 & 16.81, with resistance at 18.32, 18.7 & 19.08. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MSBI: D
Today’s move could mean more—check all the signals for MSBI on SwingTradeBot.
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