MDMN Daily Chart........... Make no mistake, the M
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MDMN Daily Chart........... Make no mistake, the MDMN chart is ugly butt!
Those that took a few off the table at the last sell signal should now be waiting for the chart to reset for an entry. Many are still holding their core positions within my group
of friends while many others are haven't sold a share and waiting for the funding news and drill program to begin. The problem I see with MDMN, it that when the funding of
the ADL finally happens, I would expect a sharp move to the upside. One can look at the chart below and see the numerous 1-5 days moves to the upside, many of which
were just reactions to rumors and/or small Shareholder Updates. Once the solid news hits, I would hope for a sustained move into the .50-1.00 levels. But for now, most
every indicator is in a decline. My opinion, fwiw, is that sub .10 shares a inexpensive with the point being that when news comes, look out above. So I'm treating this one
as a stock that one should be holding a core for the eventual news. GLTA
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