MPIX Daily Chart........... Every Day That Goes By
Post# of 5570
MPIX Daily Chart........... Every Day That Goes By, Is One Day Closer to the Major Breakout
Ok, compare Friday's chart with Tuesday's chart. Where Friday, the stock price barely closed above the MA7, 10, 16, and 100, today we see the share price closing above all of them to include the MA100. The volume dropped off a little because the once daily, multiple million, BS share swap wasn't as large today. But the day was GREEN, which makes it 10 out of the last 14 trading days. MPIX is gradually regaining upward momentum. The FullSto is now above its 50 line and beginning to separate nicely. The same for both MACDs. The histograms clearly show the move into the green as both MACDs begin separation to the upside. The RSI should cross over its 50 line tomorrow. The remaining indicators that I posted yesterday have also continued trending higher. To confirm this move to the upside, I would like to see strong volume and a move into at least the .0073-.0075 level. GLTA