Medinah Minerals (MDMN)

[Karl43]

I feel sorry for people who can not read charts. We put in a short term bottom at .065 on Friday, and the stock has almost doubled in one day today from that short term bottom. We took out resistance at .094 and .105 with very little difficulty. Next resistance is at .135 followed by .15. The chart on the dailies have started to turn positive with today making its first higher high in eight days. friday was the first green close and today will be the second confirming the short term bottom. From here it is up until we see pressure on the dailies and it is obvious that today there is no selling pressure. Learn to read charts and you will be a much better trader!