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MDMN Daily Chart........ This One Just Might Have

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Post# of 2561
Posted On: 02/21/2013 7:39:35 AM
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Posted By: Big Tuna

MDMN Daily Chart........ This One Just Might Have Finally Set Up for a Move




After months and months of declines, MDMN looks like it might be ready for a move back up. What I've annotated should be easy enough to follow. The stock now needs some volume and a move up and over the .08 level. Should that happen, then a quick test of the MA200 at .094ish could set MDMN for a shot at a move into the teens. Long awaited fundamental news of funding and an aggressive drill program is rumored to be coming within a few days. But those of us that have lived in Medinahland for years, have heard that for a long, long time. It will happen someday. In the meantime, the chart is beginning to show a change in momentum. Probably worth it to throw a few pesos at MDMN now. GLTA







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