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Is MCRB heading for a slide? 20 Day Moving Average Resistance shows up after dropping 3.22%
On Friday, September 19th, MCRB moved down 3.22% while volume was to 1.1× the usual levels. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 16.61, 15.76 & 14.68, with resistance at 18.54, 19.62 & 20.47.
Current SwingTradeBot Technical Rating of MCRB: D
Just a sneak peek — check SwingTradeBot.com for the full story on MCRB.
Read full article here »