Posted On: 12/01/2013 10:24:52 PM
Post# of 2559
MRIN Daily Chart ~ Very Close for a Confirmation of a Bottom in Place
I've been watching MRIN and posting charts on it a few times now. Imo, this one is just about ready for a move back up after five days of holding the 8.50/8.60 level which would represent a double bottom from early May. Most indicators are very oversold, and the FullSto and faster MACDs are beginning a positive crossover. I'll be following closely over the next day or two to see if MRIN can be entered for a swing trade. GLTA
I've been watching MRIN and posting charts on it a few times now. Imo, this one is just about ready for a move back up after five days of holding the 8.50/8.60 level which would represent a double bottom from early May. Most indicators are very oversold, and the FullSto and faster MACDs are beginning a positive crossover. I'll be following closely over the next day or two to see if MRIN can be entered for a swing trade. GLTA
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