Majic Wheels Corp (MJWL)

[Laster]

Huge resistances to overcome to get back to at least $0.08.
First you have the huge resistance at $0.045. This prior support has now become first resistance.
Then you have the 50 day moving average at $0.06.
Finally you have the 200 day moving average at 0.075.
It is very obvious that $0.075 was a major support last year but now has become the last resistance.
Most investors, me included, will sell their shares if it ever gets back to. $0.075.
MJWL is not way out of favor.
There are no more dreams of $0.25, $0.50, or $1
You will need a miracle just to get back to $0.10 with all the dilution here.
JMO.
Good luck.