MDMN Daily Chart ~ Getting Closer Hey LoneGre
Post# of 689
Posted On: 11/23/2014 11:47:53 AM
MDMN Daily Chart ~ Getting Closer
Hey LoneGrey, the MDMN chart is setting up nicely after it triggered a sell signal of late October. The FullSto is in oversold territory while the MACDs have level out and looking for a positive crossover. Although MDMN may not trade its way down to the .042/.044 support line, it's beginning to look like .048/.05 might offer a nice entry for those that have been swing trading the stock. I'm not in the stock at the moment but am also waiting patiently for the next entry. As I've said so many times before, oh how I wished I had been swing trading this little turd over the last seven years. MDMN is one of the easiest OTC stocks to trade because it has such a long technical history. GLTA
Hey LoneGrey, the MDMN chart is setting up nicely after it triggered a sell signal of late October. The FullSto is in oversold territory while the MACDs have level out and looking for a positive crossover. Although MDMN may not trade its way down to the .042/.044 support line, it's beginning to look like .048/.05 might offer a nice entry for those that have been swing trading the stock. I'm not in the stock at the moment but am also waiting patiently for the next entry. As I've said so many times before, oh how I wished I had been swing trading this little turd over the last seven years. MDMN is one of the easiest OTC stocks to trade because it has such a long technical history. GLTA
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