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Is MSM ready to move lower? Fell Below 20 Day Moving Average shows up after declining 1.98%
MSM closed down 1.98% on Friday, September 19th, with volume running 2.5× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze and Three Weeks Tight, suggesting a potential continuation after price stabilization. Key support levels exist at 90.05, 89.12 & 87.51, with resistance at 92.59, 94.2 & 95.13.
Current SwingTradeBot Technical Rating of MSM: C
What else did MSM do today? Find out on SwingTradeBot.
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