MPIX Daily Chart ~ Oh NO!! You Mean the Sky Isn't

MPIX Daily Chart ~ Oh NO!! You Mean the Sky Isn't Falling After All?

What a change in attitude a few hours in the penny world can make! While this morning was full of weenie whining messages from a few, the afternoon and surge from .0131 to .016 silenced all the complaining, LOL! Like many of us are saying for weeks, if you believe what the new, world class management team is building with MPIX/ZZYX, then it doesn't matter if the stock is sitting at .013, .014, .015, .016, etc. If you believe MPIX will eventually get to the dimes and maybe dollars over a year or two, then who cares what the stock is doing day to day. Unless you are still on a lot of money to put to work in MPIX, just don't watch the daily churning.

A quick look at the chart shows the .013s held yet again. That's the fifth day where the stock dropped into the .013s intraday only to recover with some decent buying. There appear to be some sharp investors that are scooping up the dips while a few of the whiners, nervous, impatient, etc., are moving on. That's a pretty hammer today along with a strong, green volume candle. A close of .017 would set the share price above the short term declining tops line (diagonal pink). Obviously, a close over .02 would signify a breakout of a multi month top. The RSI is holding onto its 50 line. The FullSto is very close to its 50 line. The faster MACD is leveling out, while the longer term MACD is still in the correction phase. The AD line continues to move higher and now has exceeded the 600 mil mark closing at 603.9 mil. I really like the way MPIX is trading, and IMO, MPIX is going to run sharply once the filings are out and the OS reduction is executed. Congrats again to those of you buying into every dip and share you can. No guarantees in stocks, but I think we have a monster in the making. I know those of you that have been buying since .0008 already believe that. GLTA