MPIX Daily Chart....................... Good Morn
Post# of 5570
Posted On: 11/21/2012 10:12:00 AM
MPIX Daily Chart.......................
Good Morning!
Only 1.1 mil traded so far this morning. All but 35k was purchased by a friend. Even his bid was in for 480k at .008 and he didn't get hit for 20 mins before raising it up to hit the ask. The selling has really slowed. I'm liking the consolidation so far. My guess is the high .006s and .007s just might prove to be the worst we'll see on this pullback. The MA200 is at .0086 now. The first attempt to stay above it failed but it usually takes a second and third attempt before pushing thru it. Yesterday the share price held the rising MA7. In the meantime the 10, 16, and 20 are catching up. A close above the high of .0076, Aug high) would be great to see for a third day straight. GLTA
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