This chart is all wonderfully done as usual for presenting a technical outlook for how a normal stock is expected to perform based on past history. It does not take into consideration that MCP has one foot in the grave due to its burn rate and the imminent delisting. The Siemens contract is by itself a factor that is enough of a significant event to alter lines of resistance. What I'm saying is that if this doesn't get above a dollar PDQ this company is for sale.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.