Posted On: 04/13/2014 12:37:19 PM
Post# of 2561
$MFST Daily Chart ~ Selloff from Outside the Upper Bollie
As has been the case with MFST previously, the stock popped last Tuesday but unfortunately too far outside the upper bollie. The volume was there on Tuesday, but profit takers exited quickly and drove the share price back to its support line at .10. Intraday, the share price dropped to the MA200 on Thursday and Friday. The FulSto dropped under its 50 line and the MACDs couldn't confirm a positive crossover with the selloff from Wed-Fri. The low float of approx 11.8 mil shares, makes MFST an interesting investment of which many believe could see 1.00+ over the next 12-18 months. Imo, any shares purchased near .10 are probably a pretty good bet for future appreciation. GLTA
As has been the case with MFST previously, the stock popped last Tuesday but unfortunately too far outside the upper bollie. The volume was there on Tuesday, but profit takers exited quickly and drove the share price back to its support line at .10. Intraday, the share price dropped to the MA200 on Thursday and Friday. The FulSto dropped under its 50 line and the MACDs couldn't confirm a positive crossover with the selloff from Wed-Fri. The low float of approx 11.8 mil shares, makes MFST an interesting investment of which many believe could see 1.00+ over the next 12-18 months. Imo, any shares purchased near .10 are probably a pretty good bet for future appreciation. GLTA
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