Posted On: 10/28/2013 2:30:29 AM
Post# of 5570
MPIX Weekly Chart ~ Almost One Year of Trading Between .005 and .02
Nothing to shout about here unless you've been able to build a very large position while waiting for management to bring it home. We've seen numerous possible swing trades for as much as 300%. I'm sure many have traded the channel seen below. If so, a big congrats to you. Making money is the name of the game. If the year-long pattern holds, we might see the solid support at .005 hold even though there may be some dips into the .004s. News will trump technicals, so keep an eye out for that.
Nothing to shout about here unless you've been able to build a very large position while waiting for management to bring it home. We've seen numerous possible swing trades for as much as 300%. I'm sure many have traded the channel seen below. If so, a big congrats to you. Making money is the name of the game. If the year-long pattern holds, we might see the solid support at .005 hold even though there may be some dips into the .004s. News will trump technicals, so keep an eye out for that.
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