MPIX Daily Chart ~ Here's a Close Up View of the I
Post# of 5570
MPIX Daily Chart ~ Here's a Close Up View of the Indicators
Hi Benny! As you can see, the share price regained its position above the Moving Averages to include the 7, 10, 16 and 20. The MA50 is gradually rising and resting near .013 now. The RSI is hanging tight to its 50 line. The FullSto has once again crossed over into a positive position. The shorter MACD crossed over this morning into positive territory, while the longer term MACD is gradually flattening out after weeks and weeks of decline during this consolidation we've seen since early May. Of interest to me is the continuation of the AD line to a record 618 million. A close over the .019/.02 top will more than likely result in a very quick move into the .05/.056 level. Maybe we'll see some churning there, maybe not. But an eventual test of the .0885 high of October 2011 should happen at some time over the next couple of months. All my opinion, but let's see what happens next. Hoping for financials, the OS reduction, and a lot of news from the company. GLTA
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