Mitek Systems, Inc. (MITK): MITK had a "death cross" of 50-day MA cu...

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Mitek Systems, Inc. (MITK)

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Re: BLUEVOODU post# 507

Friday, 10/05/2018 2:35:05 PM

Friday, October 05, 2018 2:35:05 PM

MITK had a "death cross" of 50-day MA cutting 200-day MA from above. Stochastics are all really low, but show no sign of curling up. Support has been repeatedly broken, and now I don't see any at $6 (looking back to early 2017). I agree that $6 seems like an amazing price. But I'm not seeing a case for $6 based on the chart.

I am obviously NOT an investment advisor.

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