MPIX Daily Chart........... Getting Better All the
Post# of 5570
MPIX Daily Chart........... Getting Better All the Time
Like I've mentioned previously, I'll know the bottom is in, once I can look back at it and see it was put in. Figuring out where and when is the hard part. Five of the last six days have been green. The stock has bounced off the MA200 three times. The stock has held the MA100. The MA100 crossed over the MA200.....what's that called? A golden shower or something like that, right?! The share price closed right on the MA7. Need to get above it. The MA16 and 20 are sitting at about .007. Need to get there and above it. The MA50 and upper bollie are sitting right at .009. Need to get above those too! The FullSto bottomed and is holding right below its 50 line. Need to get above it. The fast MACD is attempting to go to a buy signal. The slower MACD has clearly gone flat with an ever so slight rise in the signal line but needs to get above the indicator. Is the bottom in yet? Not sure. But it sure is beginning to look like the selling pressure is almost behind us. Many of us continue to accumulate down here, and, imo, we'll be rewarded big time. I happen to believe very much in the longer term potential here due to what ZZYX Entertainment has brought to MPIX. Should we get some really good news, I think the stock could be into the .015-.02 levels very quickly. GLTA