Posted On: 12/04/2013 10:18:02 PM
Post# of 2561
MRIN Daily Chart ~ Stock Is Moving
Those of you reading here know that I've had MRIN on my watchlist for some time. Yesterday I shared that I entered at 8.93/8.94 as I felt the chart was beginning to show momentum to the upside. Today the stock closed at 9.48 and touching 9.58 intraday. The pinch is also opening up. The FullSto and MACDs are showing nice divergence. The MA20 is sitting at 9.54, so that level needs to be exceeded. Any strong volume to the move and MRIN could easily test the MA50 in the high $10.00s.
Congrats to those of you who let me know you entered MRIN yesterday and early this morning. Don't you just love charts?!!! GLTA
Those of you reading here know that I've had MRIN on my watchlist for some time. Yesterday I shared that I entered at 8.93/8.94 as I felt the chart was beginning to show momentum to the upside. Today the stock closed at 9.48 and touching 9.58 intraday. The pinch is also opening up. The FullSto and MACDs are showing nice divergence. The MA20 is sitting at 9.54, so that level needs to be exceeded. Any strong volume to the move and MRIN could easily test the MA50 in the high $10.00s.
Congrats to those of you who let me know you entered MRIN yesterday and early this morning. Don't you just love charts?!!! GLTA
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