Posted On: 11/15/2012 10:29:20 AM
Post# of 5570
MPIX Daily Chart..... The stock looks amazingly thin.
I watched this morning as the first 700k in volume took the stock to .006. It seems the selling has really dried up. I see the next bit of resistance at the .0069-.0076 levels which is the groupings of tops in the late July to mid August area. Should the stock move and close above that .0076, I think the move to the MA200 at .009 will occur. A close above .01 and we will probably see a different group of investors and the one hour 'long term' holders will be left in the dust.
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