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Is MAT setting up for a drop? Fell Below 20 Day Moving Average shows up after sinking 0.6%
MAT posted a 0.6% loss on Tuesday, November 4th, accompanied by 0.9× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 18.21, 18.09 & 17.96, with resistance at 18.46, 18.59 & 18.71.
Current SwingTradeBot Technical Rating of MAT: C
Today’s move could mean more—check all the signals for MAT on SwingTradeBot.
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