MMEX Resources Corp (MMEX)

[jmjjw]

If MMEX were a patient in the ICU, it would have a DNR order at the foot of its bed.

All the other chartists have abandoned MMEX, clearly for good reason - the futility of charting something like MMEX is obvious.

MMEX's chart is broken... the patient is flat-lining, clearly can't be resuscitated, even by simple-minded manipulators, like the MMEX EOD Painter (I think he must've gotten fired, or went into the T-shirt sales business).

Another thing to ponder, especially for the claimed longs, is why intra-day TA has any meaning - after all, they're holding, "long," true-believers.

Stock prices, and volume, move on news, good or bad. For MMEX, there is no good news - only the absence of news, which is bad - the death of a thousand small cuts kind of scenario. No-news bad news in many ways is the worst kind of thing for a company - in MMEX's case, it reflects a lingering, protracted, agonizing death, a little more dead each and every trading day.