I agree. Daily chart RSI needs to cool off and sup
Post# of 1782
Posted On: 07/16/2016 7:14:49 AM
I agree. Daily chart RSI needs to cool off and support needs to be tested for the proper stair stepping higher to continue the way you want to see from a chart perspective. And I agree with the fib retrace but I think support will be around 0.013-0.015 area since the high on Friday was 0.0247. Smart money will be camping out at support to add to their position, take an initial position or to reload what they sold above 0.02. Either way both the fundamentals with FDA 510K clearance and the technical retrace to 0.013-0.015 will see more record volume. 25m shares traded on Friday on a 31m share float is just incredible! Congrats to everyone who loaded low and stayed the course with Bruce the CEO. He came through big for investors and we ain't seen nothing yet. Next bounce off support will be special IMO. Welcome to $MFST !
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