Posted On: 10/17/2013 12:53:52 PM
Post# of 689
Me to it's been a long while since I own a stock with such a beautiful chart like MDMN
I studied the Ichimoku Cloud keeping it simple as long as the blue line remain on top of the red line and the MACD remain up like since it crossed-over Tue Oct 1st the price will continue the upside trend, with some dips in between. It's bumping .07 the last three days once the price close at .075+ we can expect another higher level.
The green Kumo could in the present and 52 days in the future the trend is up. I love using the Ichimoku Cloud it shows the past present and future direction.
I would say according to MDMN's chart it's still safe to buy because the chart states it's going higher, higher and higher
http://stockcharts.com/h-sc/ui?s=MDMN&p=D...4780316673
I studied the Ichimoku Cloud keeping it simple as long as the blue line remain on top of the red line and the MACD remain up like since it crossed-over Tue Oct 1st the price will continue the upside trend, with some dips in between. It's bumping .07 the last three days once the price close at .075+ we can expect another higher level.
The green Kumo could in the present and 52 days in the future the trend is up. I love using the Ichimoku Cloud it shows the past present and future direction.
I would say according to MDMN's chart it's still safe to buy because the chart states it's going higher, higher and higher
http://stockcharts.com/h-sc/ui?s=MDMN&p=D...4780316673
(0)
(0)
