MPIX 3 Month Daily Chart...... Getting Better By T

MPIX 3 Month Daily Chart...... Getting Better By The Day

Here's a 3 month view of MPIX. It's a better view of the imminent crossings of the MA7 over the MA50 along with the slower MA16 and 20 (the 20 is aka the middle bollie). Everything has been falling into place over the last few weeks especially since the stock price held above the MA200. As I mentioned over the weekend, once we see a close at or over .0075, that would bring in a potential test of the horizontal resistance at the .009 level. No surprise for me today to see that the first attempt at a resistance point was halted at that line. Also of interest is that the intraday low found some support at the MA7 and 50. Check out the larger green volume sticks versus the smaller down volume days of red over the last 5-6 weeks. Someone continues to accumulate MPIX continuously and with size. ZZYX/MPIX is a beast in the making. GLTA