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therainbow

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Alias Born 07/27/2003

therainbow

Re: None

Wednesday, 12/10/2003 3:58:06 AM

Wednesday, December 10, 2003 3:58:06 AM

Post# of 17
MBRI closed +32% at .50 high of day.

Again, the chart is screaming break out. Todays move was a break out of the wedge at .44.

I nailed the resistance at .50. Next points to watch are .60 then .70.

Volume is increasing just beautifully.
CCI is strong uptrend.
Split Volume shows nothing but accumulation.
Float is less than 5 mil.

The company has publicly stated that more contracts are to be announced this month. So keep a close watch.

This is the first time I state......
MBRI a pot o' gold at the end of the rainbow!
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