AWESOME MPIX CHART!!!! http://stockcharts.com/h
Post# of 5570
AWESOME MPIX CHART!!!!
http://stockcharts.com/h-sc/ui?s=MPIX&p=D...=272481171
1)Notice the RSI is over 50 for the first time since February!, this is known as the MOMO zone and is very BULLISH! RSI is also showing a bullish divergence, as prices have been moving sideways, RSI has been making a steady climb upwards. Also a very bullish sign
2)Volume which precedes price is at its highest I can ever remember. Price also just recently broke PAR SAR as well as the 50MA, charting experts will be looking at this come Monday FOR SURE!
3)MACD lines have crossed and are approaching 0, once those lines start to spread apart, MOMENTUM will come in at full blast!!!
4) Here is one of the most powerful BUY signals in charting. The di+ line has crossed over the di- line but that's not all, it has also crossed the ADX line. Very very BULLISH sign!
5) CMF has been positive all year, a sign that money is coming into the stock at a very nice rate.
6) Full Stochastic is showing along with RSI line a Bullish Divergence, it is making higher lows as price had made a lower lowe...Tremendous huy signal when both STO and RSI agree!
7)Accumulation line is showing a BULLISH divergence and does not show signs of slowing down! THIS STOCK IS BEING ACCUMULATED BIG TIME!!!!
I have not seen a stock with this many screaming buy signals in a long long time, THIS is the stock to be in!!! NEXT WEEK WE WILL SEE A MAJOR MOVE!!