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Is MPLX preparing to trend lower? Fell Below 20 Day Moving Average shows up after declining 0.83%
On Friday, September 19th, MPLX moved down 0.83% while volume was to 1.2× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 50.12, 49.9 & 49.53, with resistance at 50.71, 51.08 & 51.3.
Current SwingTradeBot Technical Rating of MPLX: D
Don’t miss other key signals MPLX triggered—view them now on SwingTradeBot.com.
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