MPIX Daily Chart ~ Huge Volume Spike Yesterday T
Post# of 5570
Posted On: 01/10/2014 9:24:53 AM
MPIX Daily Chart ~ Huge Volume Spike Yesterday
Typically, a huge volume spike is a prelude to a stock rise. Yesterday's volume of over 13 million was the highest volume day since May when the stock climbed quickly from the .006s to .019. The was preceded by the news of Saul Federman and Victor Siegel coming on board. The FullSto and MACDs diverging to the positive also. We currently are seeing higher highs over the last four trading days. Yesterday the stock price was contained by the upper bollie while the downside held the lower bollie. Also of interest is the grouping of the MA7, 10, 16, 20, 50 and 100. All these moving averages are within .001 of each other. That's an extremely positive formation for technicals. A close, on volume, above the MA200 at .0102 would be a significant event, and it would suggest a test of the highs of .0185/.02 is coming quickly. Also pending are the audited financials, the S-1 filing, an uplist to the QB, and a slew of projects/events. I think our time has come. GLTA
Typically, a huge volume spike is a prelude to a stock rise. Yesterday's volume of over 13 million was the highest volume day since May when the stock climbed quickly from the .006s to .019. The was preceded by the news of Saul Federman and Victor Siegel coming on board. The FullSto and MACDs diverging to the positive also. We currently are seeing higher highs over the last four trading days. Yesterday the stock price was contained by the upper bollie while the downside held the lower bollie. Also of interest is the grouping of the MA7, 10, 16, 20, 50 and 100. All these moving averages are within .001 of each other. That's an extremely positive formation for technicals. A close, on volume, above the MA200 at .0102 would be a significant event, and it would suggest a test of the highs of .0185/.02 is coming quickly. Also pending are the audited financials, the S-1 filing, an uplist to the QB, and a slew of projects/events. I think our time has come. GLTA
(0)
(0)