M Line Holdings Inc (MLHC)

[sharpei]

Nothing to be concerned about; it's normal Elliott Wave patterns which coordinate w/Fibonacci #s. It sounds like Greek, but translated after the move to 5, the pullback into a Wave 3 from a EW5 was necessary to set up a much higher move - likely from 3 to 6. This is a cup or bowl pattern (round at the bottom) going higher from here; pull backs are normal; once momentum gets going they will be shallower, but it's just begun. I fully expect to see .0025 and after yet another (possibly deep pull back, will go much higher than .0025.