Ultrack Systems Inc (MJLB)

[VST7]

For those who think MJLB is going to magically Bounce back to the Teens-.20s..I have some sobering news for you, FIRST the OTC has to return to a Bull Market. In case you haven't noticed, the WHOLE OTC has been in a "BARE BEAR" Market since June/July of 2021.

Here's a post by a Technical trader on another board, and he is exactly right-on;

chemist72
Thursday, 01/20/22 09:48:15 AM
Post # 52657 of 53126

OTCQB technically in a bear market since 7/12/2021.

On the big boards, a bear market is generally called when an index drops 20% or more from a recent peak.

The OTCQB index dropped more than 20% below its high of 739.95 (close on 2/15/2021) on 7/12/2021. It has not moved above that mark since then. So far the OTCQB index has been in bear territory for more than 6 months now.

https://www.otcmarkets.com/index/.OTCQB