Muscle Pharm Corporation (MSLPQ)

[hotrod34racer]

MSLP Chart for Friday Dec 31st

It was a good day for MSLP with a close up 30.91% to end 2010

Let’s take a look at today’s chart, we have great support at the existing .055 range but the real test will be Monday. If it can run up and not dip down below the .07 to .072 range this should become are new line of support IMO with resistance ahead at .11 and .27 but we need to break and hold the mental resistance of .09 that was created in the last one day run.





Things that I like about the chart:

(1) It is getting a steady volume increase with more buys than sells
(2) CCI, RSI, and MACD are all turning up nicely
(3) Good support not fare below the current price
(4) The distance between resistance lines become expediential

The best part is that’s it’s a bottom play, that is starting to run just on rumors of news! If MSLP starts the PR campaign that I believe there going to run for 2011 we will probably need a set belt for the ride! Lol…

Thanks again all for letting me rant about this stock and Happy New Years to all!



Cheers! \_/