Monday, October 20, 2014 7:11:46 PM
MDBX
VERY significant close today above MA(50) for the first time in 7.5 months.
A new base has formed at $8.50 after lows of $7.90 were hit.
RSI has crossed 50 into the "bullzone"
and Fullsto is heading up to do the same.
MACD has been trending up since mid Aug even as the pps trended down, this appears to be a bullish divergence.
PSAR flips to a buy at 10.98
Significant 200+% volume increase from yesterday confirming the bullish reversal.
A close over 11.15 (the highest close on the last pop) will show that this uptrend has some UMPH behind it.
MA(100) resistance 13.56
News of new CFO today. Lets see if this pop can last longer than the two days of the previous pop. With a lack of a long upper wick (as seen then) my money is on it continuing tomorrow $$$
[/t]
VERY significant close today above MA(50) for the first time in 7.5 months.
A new base has formed at $8.50 after lows of $7.90 were hit.
RSI has crossed 50 into the "bullzone"
and Fullsto is heading up to do the same.
MACD has been trending up since mid Aug even as the pps trended down, this appears to be a bullish divergence.
PSAR flips to a buy at 10.98
Significant 200+% volume increase from yesterday confirming the bullish reversal.
A close over 11.15 (the highest close on the last pop) will show that this uptrend has some UMPH behind it.
MA(100) resistance 13.56
News of new CFO today. Lets see if this pop can last longer than the two days of the previous pop. With a lack of a long upper wick (as seen then) my money is on it continuing tomorrow $$$
[/t]
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