MPIX Daily Chart ~ W Formation Still Holding Month

MPIX Daily Chart ~ W Formation Still Holding Months Later

I'm posting this chart for a few new investors that have asked about the W formation that I've posted in the past. This is a technical formation, also known as a double bottom, which should be used when looking at other charts, not just MPIX. The formation accurately forecasted a big move which resulted in a run from .0008 to .02. So keep a visual of this formation when looking at other stocks.