InvestorsHub Logo
Followers 161
Posts 5101
Boards Moderated 0
Alias Born 11/07/2009

Re: None

Monday, 05/03/2010 12:56:42 PM

Monday, May 03, 2010 12:56:42 PM

Post# of 84904
Hi all...getting back in to see a nice hold today on what looks to be a little profit-taking. Could also be still a little last gasp attempt at trying to hold it back or trying to allow the 100 to come a bit lower as they did the 50. Every one of these just helps support the current uptrend into bigger opps. Good news now is, since we already had the close over 02, that's done and proven so when it happens the next time, that should be go-time. Because it was one thing making it through 01s. It will be entirely another getting up back toward 03. Much more high profile. Patience.

No selling from me as I still feel there are bigger fish to fry here with not enough pull-back potential to make it worth it....to be honest, if today holds up as a red, a slight pull-back here would be considered healthy and would reset the consec days meter for the next leg up (a la the first condolidation). Wouldn't be a bad way to close today if we don't see an afternoon jump. Smart money very much still watching...waiting for the perfect opp. Not many stocks out there with a better story than this one, nor as big potential to run hard. I'll be in and out today... gl


As said on Friday, today would show the 10/50 gc. Right there and tomorrow it crosses.



5/10/20 relationship looking real fine.



100 leveling. 20/50 gc not far off. 002 diff now. More new 2010 TI levels since early Jan. MACD trend line positive and now almost to 001 already. STO abck OVER 80, again first time since early Jan. All further reflecting the return back to real strength and uptrend.



Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MRNJ News