MINE Daily Chart....... A Lot of Rumors of Imminen

MINE Daily Chart....... A Lot of Rumors of Imminent Fundamental News

As most of my trading friends know, we've taken a fairly large position in MINE since the bottoms at .0009/.001. Running into the horizontal resistance at .004 was a point for some to trade a few. There are still a fair amount of shares available in the .002s but once they are cleaned up and we are trading higher, I'll also add in the .003s to .005s. A decent rising support line is in place. Interesting to note the trading between the MA50 and MA200. I'm certain a few are doing quite well in swing trading that zone while a few of us are accumulating numerous million plus positions. Once the MA200 is taken about, I believe there will be a multi week news into the .03s, and with just over 300 mil shares in the OS, MINE could be a potential 10-15 bagger

The technicals aren't in a buy position, but with news and/or more filings pending this week, I believe a move into the .004+ level could be seen by the end of this week. As always, strong fundamental news will trump technicals. Currently the charts says more consolidation and selling. But holding the .002 level so far in March is a steady improvement for most of Jan and Feb, and the rising bottoms line is obviously in an overall uptrend. GLTA

For those watching MINE and wondering why MINE, here's an excellent DD writeup for you:

http://easystocktrade.biz/easystocktrade/62-m...r-new-pick