MDMN Daily Chart ~ Awaiting Another Swing Trade
Post# of 2559
Posted On: 01/31/2016 12:17:18 PM
MDMN Daily Chart ~ Awaiting Another Swing Trade
It's been almost one month since a few of us exited MDMN with a nice swing trade from 70% to almost 100%. Since our sell at the MA200 and when the share price with hugely outside the upper bollie, the stock has declined to the .014/.0145 level. There have been two successful bounces off the initial support line although I didn't enter yet. Please note the FullSto and MACDs as far as their positioning. All are still in decline and barely entering oversold levels for the first three. I see yet another swing trade entry beginning to form. Patience.
It's been almost one month since a few of us exited MDMN with a nice swing trade from 70% to almost 100%. Since our sell at the MA200 and when the share price with hugely outside the upper bollie, the stock has declined to the .014/.0145 level. There have been two successful bounces off the initial support line although I didn't enter yet. Please note the FullSto and MACDs as far as their positioning. All are still in decline and barely entering oversold levels for the first three. I see yet another swing trade entry beginning to form. Patience.
(0)
(0)Scroll down for more posts ▼