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MPIX Daily Chart........... Sure Looks Ready to Me

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Post# of 5570
Posted On: 02/18/2013 11:23:07 PM
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Posted By: Big Tuna

MPIX Daily Chart........... Sure Looks Ready to Me




Friday MPIX saw a solid break above the MA7 for the first time since Dec 17. We also saw a close above the MA16 for the first time since Dec 17. As I've been showing for a few weeks, the share price has been holding above the MA200 while trying to hold above the MA100. The RSI took a nice move up towards the 50 line, another thing we haven't seen since mid Dec. Moving on down the chart, the green volume stick on Friday was the largest since early Dec. Next is the FullSto which crossed to a buy and above its 50 line. Both MACDs have crossed over to green as have the histograms. The TRIX has really flattened out and might crossover this week. The CCI is moving up nicely after spending weeks of time in very oversold territory. The CMF shows good money flow into the stock since mid January. The MFI rising steadily. TSI crossing to a buy probably tomorrow. And the KST also appears to have bottomed out.



Of interest is to note where most of these indicators were just prior to the move from .0008 to .02. Are we ready for a move up? I think so! Fingers crossed, lol!  GLTA




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