Posted On: 07/07/2013 3:12:22 PM
Post# of 5570

MPIX Daily Chart ~ W Formation Still Holding Months Later
I'm posting this chart for a few new investors that have asked about the W formation that I've posted in the past. This is a technical formation, also known as a double bottom, which should be used when looking at other charts, not just MPIX. The formation accurately forecasted a big move which resulted in a run from .0008 to .02. So keep a visual of this formation when looking at other stocks.


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