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Crossed Above 20 Day Moving Average appears for MBI after 4.0% move
MBI finished higher by 4.0% on Friday, September 19th, trading 2.4 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA, New Uptrend, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 7.46, 7.11 & 6.79, with resistance at 8.13, 8.45 & 8.8.
Current SwingTradeBot Technical Rating of MBI: C
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