MPIX Daily Chart ~ Ready for Some Major Upside?
Post# of 5570
Posted On: 12/16/2013 1:38:07 AM
MPIX Daily Chart ~ Ready for Some Major Upside?
Most of you familiar with technicals can see what needs to happen next. A close above the declining tops line is first up (approx .0088). Then a move and close over the MA100 and 200 (.0087 and .0101) followed by a close above .011 (previous recent high). Should these events occur on strong volume, and the old highs of .0185-.02 could finally be tested. In my opinion, this will occur quickly but only based on releases of material news. GLTA
Most of you familiar with technicals can see what needs to happen next. A close above the declining tops line is first up (approx .0088). Then a move and close over the MA100 and 200 (.0087 and .0101) followed by a close above .011 (previous recent high). Should these events occur on strong volume, and the old highs of .0185-.02 could finally be tested. In my opinion, this will occur quickly but only based on releases of material news. GLTA
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