MRC appears to be bullish and has broken resistance. The 15 EMA and 20 SMA seem to be acting as support. There’s also good volume supporting the bullish candle today. MACD is bullish while RSI is also bullish but is not overbought. Support is estimated at 0.29 while resistance is expected at 0.315.
Majority of the volume was recorded at price 0.03 intraday. Majority of the trades were recorded at 0.305. Current price is at 0.31. This means that 0.31 is a significant level and may act as support intraday.
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