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Is MXL consolidating before a move? Bollinger Band Squeeze shows up after dropping 3.05%
MXL finished lower by 3.05% on Friday, September 19th, trading 0.9 times its typical volume. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 16.0, 15.81 & 15.46, with resistance at 16.54, 16.89 & 17.08.
Current SwingTradeBot Technical Rating of MXL: C
This might just be the start. See what else showed up for MXL today.
Read full article here »