Buying low, Selling High
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Lol, I like that!! and come they will! We need for people to call in on Cramer's Mad Money and ask about MMEX, he won't comment but maybe will look into MMEX and come back with his opinion. MMEX
Agreed, as the progress of the new refinery continues MMEX will have so much more investors than just Ihub, the OTC is much larger and as news progresses so will the stock price, MMEX
Tried to buy at .0158 this morning with no luck so I paid up at .0206 today to add to my position, this one is looking real nice here imo, TMXN
Added today at .0206, lots of potential here with internet sales, Shark Tank deal, Home shopping network advertising, product for sale on the shelves at Whole foods, natural grocers Vitamin cottage, and WalMart. TMXN
I actually count today's price movement as positive...because it's an outside day(Meaning the high was higher than Friday's high and lower than Friday's low) and price closed slightly higher than the mid point of the day, it tells me the sellers tried to take it below .01 but buyers stepped in to support price and price bounced, it tells me where the support is and I think it marks the momentum shift higher now imo, MMEX
Here's the MMEX chart, notice on 8/17 the price got over the 50 day moving average(Light blue line)and the 50 day MA ticked higher that's my buy signal, it means time to buy pullbacks to the rising 50 day MA....now price has pulled back to the rising 50 day MA presenting an INSANE BUYING OP!!! Point being the rising 50 day MA is the buy area I focus on and if price falls below the 50 day MA and the 50 day MA ticks down then it's a trend change lower and time to look to sell the rally and get out, but for now MMEX looks so sweet!!! The chart tells me so.....Oh and did I mention the insane funnymentals here? They are building a brand new oil refinery!!! GO MMEX!!!
Wrong! Charts are a road map of price movement and have GREAT predicting power of future price movement....for instance I won't buy a stock that trades below it's falling 50 day moving average because it's in a down trend and trends in place tend to stay that way until price can rally over the 50 day MA, then pulls back to the 50 day MA which by then is starting to curl upwards and offers a support area to buy into. Charts rule! anything else and you're just driving blind into the fog only depending on the "Funnymentals".
MMEX is now trading right at the rising 50 day MA, a great buy in area for sure!
Likewise Carjockey2, great minds think alike, I like you, let's make money together! I'm kicking myself for selling ONCI too early but hope to make up lost ground with NECA
Going back up now, knew it would, shark tank deal is just too good funnymentals here imo, TMXN
Been sleeping too much but in here with 9's today, NECA
Easy 10 bagger to a dime from these levels imo, MMEX
I like the new low at .01, sets up nicely for a reversal week higher this week imo, MMEX
Yep, just a matter of time b4 new refinery is built and stock will rally, MMEX