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20 Day Moving Average Resistance appears for MGY after 2.57% move
MGY posted a 2.57% loss on Thursday, October 30th, accompanied by 1.2× normal trading volume. Multiple bearish signals emerged — 20 DMA Resistance, 200 DMA Resistance, Reversal New Lows Setup & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 22.11, 21.8 & 21.22, with resistance at 23.0, 23.58 & 23.89.
Current SwingTradeBot Technical Rating of MGY: F
Don’t miss other key signals MGY triggered—view them now on SwingTradeBot.com.
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