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Wednesday, July 27, 2016 9:20:34 PM
MFST Chart ~ All indicators are in full arrest
The good news is it's now down 60% from when people were screaming about the falsely labeled 'Power Zone' when it was highly into the Nose Bleed Zone. The technicals are resetting, but MACDs still way to high. Will MFST continue to drop like a falling knife, or will it begin to level out and consolidate to form a bottom? Who knows, but it's doing exactly what the chart and technicals suggested just 9 days ago. Hopefully soon, MFST will be ready for the next swing trade. GLTA
The good news is it's now down 60% from when people were screaming about the falsely labeled 'Power Zone' when it was highly into the Nose Bleed Zone. The technicals are resetting, but MACDs still way to high. Will MFST continue to drop like a falling knife, or will it begin to level out and consolidate to form a bottom? Who knows, but it's doing exactly what the chart and technicals suggested just 9 days ago. Hopefully soon, MFST will be ready for the next swing trade. GLTA
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