MPIX Daily Chart ~ Nice Reversal Off What I Though
Post# of 5570
Posted On: 08/28/2013 4:50:45 PM
MPIX Daily Chart ~ Nice Reversal Off What I Thought Was Near or at a Bottom
Not much to add as far as charting chatter. I believe our bottom is now in. As a few of us, AviChute and I, believed that the .007s would prove out to be the low, so far we can pat ourselves on the back. Although all the indicators weren't quite yet bottomed out, there were close enough to warrant some calculated entries, especially with the belief of what T.E.A.M. management is doing for their shareholders who have a longer hold in mind.
As I mentioned the last few days, scroll down the right side of the chart below, compare the positions of the indicators in relation to previous bottoms, and make your decision where the stock is near a low. So far, so good. Now let's see what the next couple of days will bring as to a confirmation to the upside. GLTA
Not much to add as far as charting chatter. I believe our bottom is now in. As a few of us, AviChute and I, believed that the .007s would prove out to be the low, so far we can pat ourselves on the back. Although all the indicators weren't quite yet bottomed out, there were close enough to warrant some calculated entries, especially with the belief of what T.E.A.M. management is doing for their shareholders who have a longer hold in mind.
As I mentioned the last few days, scroll down the right side of the chart below, compare the positions of the indicators in relation to previous bottoms, and make your decision where the stock is near a low. So far, so good. Now let's see what the next couple of days will bring as to a confirmation to the upside. GLTA
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