MPIX Weekly Chart....... Although we witnessed two

MPIX Weekly Chart....... Although we witnessed two weeks of downside, no damage was done on the weekly.

We should now see the second attempt at trading thru and staying above the center point of the 'W Formation' that I mentioned last month. No surprise that the MA200 on the weekly gave the stock resistance at the .01 level. We break above that moving average, the long term declining tops line (piink) and the MA50 at .0135, and I would say 'Hello .048-.056!'