| Followers | 703 |
| Posts | 36440 |
| Boards Moderated | 0 |
| Alias Born | 04/07/2006 |
Friday, July 29, 2016 9:02:42 PM
MFST Chart..... The reset of the technicals continues. The stock might hold at this level by finding some support at the various moving averages, MA50, MA100 and MA200. But the FullSto and MACDs are still in a sharp decline and quite a ways from reaching oversold levels. The RSI has fallen from the Nose Bleed Zone (not power zone as so many pumping clowns scream when the unsuspecting are buying) and has fallen below its 50 line. My guess is that if the current cluster of moving averages fails to offer some support, I would look for a test of the horizontal support line at .006. GLTA
Join the InvestorsHub Community
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.
