MPIX Daily Chart............. Set for a Move Up
Post# of 5570
MPIX Daily Chart............. Set for a Move Up
The chart is just about there too, GreenFever. The stock has consolidated nicely after that large one day collapse almost one month ago. Finally the FullSto and faster MACD are beginning to show signs of a reversal. The slower MACD is leveling out. The AD line also shows the churning that occurred between sellers and buyers. I don't see any dilution or major shareholders dumping but that's just my opinion. The OS and float has definitely increased. If one researches the various indicators on charts of those stocks with known, major dilution done irresponsibly, those charts look horribly negative versus the MPIX chart. Among a few of the other indicators I follow that are resetting or have reset are the Slope, Willy, StandardDev to name a few. News this week, material and not fluff, would be the catalyst to drive the share price of MPIX into a new leg up which could easily break well above .02. Once again, MPIX isn't a short term momo play to me. GLTA