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Is MVST ready to move higher? New 52 Week Closing High shows up after rising 2.4%

Microvast Holdings, Inc. (MVST) — SwingTradeBot Technical Analysis Report · Oct 16, 2025, 17:49 ET
MVST finished higher by 2.4% on Thursday, October 16th, trading 3.0 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk, Parabolic Rise & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 6.09, 5.79 & 5.27, with resistance at 6.91, 7.43 & 7.73. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of MVST: B

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Microvast Holdings, Inc. (MVST)