Posted On: 12/11/2013 12:20:44 AM
Post# of 2561
MDMN Daily Chart ~ Per Popular Request Tonight
MDMN chart is still poopy but trying to hold the MA200 after falling below all the other MAs while the FullSto and MACDs continue downwards. That said, the multi year elusive contracts are rumored to finally being completed before the year is up. With the exception of one day last week, the stock has held above .0505 since late September. It would probably be a good risk/reward entry at the current level with the mindset that if no news comes out shortly, then the high .03s/low .04s of late August might be tested. MDMN has been one of the easiest penny stocks to trade using the FullSto and MACDs due to the lengthy trading history. GLTA
MDMN chart is still poopy but trying to hold the MA200 after falling below all the other MAs while the FullSto and MACDs continue downwards. That said, the multi year elusive contracts are rumored to finally being completed before the year is up. With the exception of one day last week, the stock has held above .0505 since late September. It would probably be a good risk/reward entry at the current level with the mindset that if no news comes out shortly, then the high .03s/low .04s of late August might be tested. MDMN has been one of the easiest penny stocks to trade using the FullSto and MACDs due to the lengthy trading history. GLTA
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