MPIX 18 Month Chart............. Great 'W Formatio
Post# of 5570
MPIX 18 Month Chart............. Great 'W Formation'
As mentioned previously, a move and close over the center point of the "W" would be a good thing. That was the highs of August and obviously the middle resistance target of the right leg of the "W". Hopefully no one fell for the PM campaign of a P&D fool screaming first for everyone to buy in the .003 after he loaded in the .002s. Very nice to know he sold between .003-.004 while his PMs were telling you to buy. And after he sold, then we immediately heard what a scam MPIX is. Fortunately most everyone decided to ignore him and continued accumulating. The scare tactic didn't work, and he wasn't able to steal any shares thru a selloff of the uninformed or nervous. Pretty scummy way to make a buck, but every once in awhile you'll come across a dirtbag like that. So do your own DD, stay informed, and watch out for those spam campaigns. Follow the charts, the real DD, your friends, and maybe those that have been involved/investing with a company. There's no guarantee of success, but following liars and thieves is a guarantee of losses. I know as I've been there, lost a lot, but have learned what to watch out for. GLTA
The chart below is simply a longer term view of where a few of us believe the stock will eventually trade up to should management deliver. They appear to gradually putting their house in order with various events that have occurred over the last four months including internal management and BOD changes, coming current of their filings, and the engagement of a very good Investment Banking firm. An advance over the declining tops line (blue) would be a strong indication that MPIX will make a strong move up imo. GLTA