MPIX Daily Chart......... Next Leg Up? Appears to

MPIX Daily Chart......... Next Leg Up? Appears to Be Happening

It looks like the next leg up just might be underway. MPIX's third consecutive green day with volume also increasing for three straight days. Pretty much the same story as Monday in that the moving averages still need to be recaptured by the share price. Another day or two of trading in the high .009s or low .01s, and the stock will be above the MA7. The MA16 at .012 is the next point of resistance as seen in this morning's move up to .0124. The FullSto has now crossed over to the upside. The faster MACD, which I mentioned in my last chart, began to level out and is starting a gradual turn to the upside. The slower MACD needs a couple of more days before a potential reversal, but at least the rate of decent has slowed a bit with the Histogram increasing the third day in a row. The RSI closed just a hair over 50. Check the previous level of the stock price when that occurred. As I said, not much new to share. A close above the MA7 and 16 would bring into plat a retest of the .015 level which was established the day after the selloff. Close above .0151, and say hello to the .019/.02. Could get better shortly, but I'm liking how this attempt to move back up is developing. As to rumors of an event in March or April, I have no idea. I treat rumors as empty blah, blah, blah until I see something announced by the company. GLTA