Branded Legacy Inc (BLEG)

[bud_fox]

Spot on Magister, good post and exactly my point. If the mm's wanted to send this lower they could. They seem content to load low 3's before letting her go while not disrupting the chart set up too badly. Prime example is trading end of day Wednesday. I think the last trade was 3:36pm. They could have painted this much lower if they wanted to even under .03. They were perfectly content to let it close where it did. They are swiping shares from weaker hands into stronger hands so when the run starts it will be epic. The 50 is trending up into the 200 and it appears they want to keep the macd above the signal. The aroon 25 down is trending down currently at 52. Withe solid news the aroon 25 up will spike through the down and send this to double digits. I think with the right news they let it go big this time.They, like us, are hoping Medico releases some solid news and then it's game on. These guys are masters.