MPIX Daily Chart ~ Set For A Reversal? Afte

MPIX Daily Chart ~ Set For A Reversal?

After weeks of holding about the .013 level, July ended up seeing MPIX drops back under .01. The lengthy delays in getting project/event information out due to the new management team's work on restating and completing the previous 2.5 years of financials have taken its toll on the share price. But the set up that is developing just might signal a reversal is at hand. The FullSto began to curl up after hitting its oversold 20 line. The faster MACD is once again crossing to the green but the longer term MACD continues to slide. What I'm hoping to see is a confirmation of all three to cross to the upside as occurred in late April. Please note the areas of the FullSto when it was near or below the 20 line. Also compare the positions of the MACDs when the rally of late April began. In other words, MPIX is near a major reversal but not quite there yet. One never knows what tomorrow might bring, but just as fast as the stock fell, it can also move sharply to the upside as seen during that first week of May, which I might add, happened just one and two weeks after Victor Siegel and Saul Federman gained control of MPIX. I believe we will see new highs shortly as they continue working towards making MPIX a 100% compliant company. Hopefully the Attorney Letter can be submitted to OTC Market in short order. That would more than likely signal that the foundation Victor and Saul have been building is ready for their execution of the business plan. Many of us continue accumulating daily as these prices are stupid cheap imo. Not as cheap as the .0008s were in October, certainly more inexpensive than the prices of May into early July, but with the big picture in mind, today's levels under .01 are stupid cheap. GLTA