MPIX Daily Chart...... And The Beast Goes On G
Post# of 5570
MPIX Daily Chart...... And The Beast Goes On
Good Morning MPIXers. There is no doubt that the stock is very overbought on the daily chart now after a move of 2262% from the low of .0008 two months ago. That's a 23.6 bagger so far. Congrats to all that have been holding patiently and/or entering and accumulating. My opinion only is that any selling will be met with more buying as we've seen this entire week. The pullbacks and selloffs that we've seen in the double zeroes were caused primarily by the flippers and nervous who sold quickly for short gains. It appears that during every sharp intraday move up, there's been very little selling. And the few shares that have come out have been absorbed with some healthy bids all week. MPIX is obviously in a major breakout to the upside now. Trade her as you wish, but I think we are going much higher over time with what I see in the next two charts that I'll post next. GLTA
MPIX Daily Chart