#MCLEODRUSS
Price Action: The stock has shown a significant spike upward to 29.83, breaking out from a period of consolidation.
Previous Trend: The stock has been in a downtrend since the start of the year, with multiple lower highs and lower lows.
Recent Movement: The stock had been consolidating in a narrow range between 24 and 26 before the recent spike.
Volatility: The sudden upward move suggests increased volatility and potential for further upward movement.
Resistance Levels: The stock may encounter resistance near 32, based on previous price action around that level.
Support Levels: Support can be seen around the 24 level, where the stock had previously consolidated.
Previous Trend: The stock has been in a downtrend since the start of the year, with multiple lower highs and lower lows.
Recent Movement: The stock had been consolidating in a narrow range between 24 and 26 before the recent spike.
Volatility: The sudden upward move suggests increased volatility and potential for further upward movement.
Resistance Levels: The stock may encounter resistance near 32, based on previous price action around that level.
Support Levels: Support can be seen around the 24 level, where the stock had previously consolidated.
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