Posted On: 01/01/2014 7:18:36 PM
Post# of 2561
MSTX Daily Chart ~ Still Time to Hop On
Got into MSTX at .44/.45 on Tuesday. The stock barely closed over the MA50 and 100. I should have made the move three days ago when the MAs began their crossovers. I failed to draw in the declining tops line which extends from the .55 high in mid October to aprox .42 in Dec. It's been quite a lengthy channel, but for those trading MSTX between the low .40s to the .50s, that's just about 20%+ each and every time. Eventually the stock will clear the previous high of .55 and close that gap at .61. In the meantime, use the chart to enter and exit. The MACDs say there's a lot more room to the upside. GLTA
Got into MSTX at .44/.45 on Tuesday. The stock barely closed over the MA50 and 100. I should have made the move three days ago when the MAs began their crossovers. I failed to draw in the declining tops line which extends from the .55 high in mid October to aprox .42 in Dec. It's been quite a lengthy channel, but for those trading MSTX between the low .40s to the .50s, that's just about 20%+ each and every time. Eventually the stock will clear the previous high of .55 and close that gap at .61. In the meantime, use the chart to enter and exit. The MACDs say there's a lot more room to the upside. GLTA
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