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Is MATW set to breakout? Bollinger Band Squeeze shows up after slipping 3.24%
On Friday, September 19th, MATW moved down 3.24% while volume surged to 2.7× the usual levels. The unusually high volume suggests institutional participation in today's move. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 24.74, 24.43 & 23.88, with resistance at 25.6, 26.15 & 26.46.
Current SwingTradeBot Technical Rating of MATW: D
More technical signals and insights for MATW → Visit SwingTradeBot.com
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