MPIX Daily Chart Looking like the selling is p

MPIX Daily Chart

Looking like the selling is pretty much done. Might be a few yet to eat thru, but those of you who bought the .006s, .007s and .008s are beginning to look like it was a good move. Too early to tell, and I would like to see more volume coming in after the 1st, but the lack of big sell trades over the last few days is a sign that the flippers and nervous might have left the building. The FullSto and fast MACD are curling up. The slower MACD will need to see some volume and another uptick or two yet. The stock price has recaptured the MA7 and MA20 (middle bollie). We'll need to see the MA7 get back above the MA16 which is sitting at .012. Should that happen, then .015 wold probably be seen by the end of the week. In a very short term view of things, a close of .0151 (higher than day 2, 3, and 4 of the correction), with some volume, would put the stock back into a position for a quick retest of the .019/.02 highs. With a basic measured move, I would hope to see .035 in this next leg. If that happens within the next 1-2 weeks, I think a move to the .056 and .0885 levels could be seen by the end of January. GLTA