Microelectronics Technology Co. (fka MELY)

[SooS416]

MELY trying to form support at 20SMA on daily .0025, we want to close above this number. next strong level is about .0021 which acted as a strong resistance point in the past.

Accumulation has remained consistently high since the beginning of April which has maintained this price level after the big move. What the MACD, once that starts to bend up, thats when the move beings. But as long as the buying keeps up all should be fine as long as no significant dilution happens. It is just a waiting game.