Metatron Inc (MRNJ)

[sl62]

Ok, a few looks at what is going on here. All good stuff. But remember, this is still a game, THEIR GAME, so they will play it the way they want to. So dropping offers bids suddenly is all part of the game guys. That's not the company, it's the game. I know it's not always easy but try not to be so worried when you see shenanigans. Just like that saying goes, 'dog will hunt'!

So chart 1, 3mo shows what a bottom looks like more fully formed. More to go, but a great look and with a nice little mo channel forming. Apparently they've become slightly obsessed with the 019 resistance. Which as you can see, is WEIRD since you wouldn't call that out necessarily as a place they'd pick. Ahhh, except, they also know that 02 is where smart money likes to wait for in these kind of scenarios! So why not put up a little fight here. OK, fine. All that should tell anyone is how worried they are about what's after this fort. They know full well there are some wide open spaces up yonder. Or maybe the game is try to slow it down at every penny. We'll see. The thing is though every day that goes by, this story is attracting more and more investors who see a great opp here. So will they even be able to slow it down at every penny? I have to believe at some point soon, it will run too hard and jump right over some would-be planned forts. A nice 50M V day would do it.




Chart 2, 10 day: what can come from a near perfect consolidation triangle. Nice move!




Chart 3, 1mo shows the solid close above the 50. First one since early January and that was not out of a bottoming! This one wields way more power. Tomorrow we'll see its impact. Don't panic if there's a bit of messing around. What you have here is a solid trend up and everyone who's on the ball knows it. A very healthy close today very near HOD yet again. What you have are many new investors taking initial positions..and for good reason. Getting closer to breaking this wide open, imho. They like their stages approach. So be it. Just creates even more interest and chances to show support strength and resolve. What is also seen in this view is the 5/50 minor golden cross forming. Bullish.




Chart 4, 3mo shows the new high close past the Friday initial mo close of 017. Though it hit its head on the 019 again, the close higher carries weight here. MFI solid in the green throughout the entire consolidation, STO essentially holding the 50 line. Bullish. 100MA seen @ 034. But I like how it's between two resistance points. Makes it very confusing for them. From my POV, any close over the 100, esp over that 04+ resistance, and BUCKLE UP for real. Because the next stop is liable to be the 200 neighborhood!




Chart 5, 3mo shows the perfect 5/10/20MA uptrend and relationship. No nonsense uptrend muscle right there.





Last chart, 6mo wider view with 20/50/200MAs. Securing the 50 is the key here and today's show of strength in doing that makes a statement. Next is follow-through. Maybe enough for a gap-up through the 019 in the AM and into the 02s where many more will join the party. Maybe a quick trick or two first, then a pile-in dragging everything higher. We'll see. Patience! Either way, it's on the move and word is spreading about this huge opportunity. There are not too many stocks out there, where the company is CLEAN, ticker is CLEAN, Revenues in-hand and GROWING, product in mobile content delivery (maybe the hottest consumer game around) with some big relationships and GROWING, only ~260M O/S and ~240M float, with an SP of 0178 post-confirmed bottom with all upside heading back up...AND a V that trades between 6-50M shares daily. Though that may sound like a pump, those are merely FACTS. And because I've been at this a while, it's not my humble opinion that those are like dream facts for those who know what they are looking at. Doesn't get much better in Pinkland that right here. This is a rare gem, no doubt. gl