On May 9, I posted a link to a chart showing the f
Post# of 5570
Posted On: 07/16/2013 3:40:22 PM
On May 9, I posted a link to a chart showing the fib lines for MPIX.
http://stockcharts.com/h-sc/ui?s=MPIX&p=D...;listNum=6
A close at or above .01 would keep the 61.8% retracement in tact. A stronger close near the open would produce a hammer candle which signifies a strong probability of a bottom and turn to come. If neither of these happen, look to see if the 200 DMA holds at .009. Fingers crossed.
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