MDMN Daily Chart ~ Breakout or Breakdown? MDM
Post# of 2559
Posted On: 06/29/2014 5:48:40 PM
MDMN Daily Chart ~ Breakout or Breakdown?
MDMN had a nice pop from the .07 base it built to the .09 level. Where she goes from here is anyone's guess. The next couple of days might give a hint to the short term direction. If the stock doesn't break over the .09s quickly, one could expect a retrace towards the support level of .07. The FullSto is in slightly overbought territory but the MACDs have a long way to go. She could go either way. GLTA
MDMN had a nice pop from the .07 base it built to the .09 level. Where she goes from here is anyone's guess. The next couple of days might give a hint to the short term direction. If the stock doesn't break over the .09s quickly, one could expect a retrace towards the support level of .07. The FullSto is in slightly overbought territory but the MACDs have a long way to go. She could go either way. GLTA
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