BitNile Metaverse Inc (BNMV)

[2future4u]

OK, I found a new potential multibagger stock to stick my guns to so let me break this down for you a little easier as to why MGLT poses great odds of starting a BIG BREAKOUT! If you're looking to play a stock with multiple ROI potential look no further! MGLT is a new company and may offer a perfect opportunity to ride the wave on its upward momentum tide given the great fundamentals and biz developments the co initiated recently. What we have here is a nice technical picture shaping up for what might turn out to be a breakout! MGLT recently announced it was awarded a $750k financing by US air force which was followed by constantly growing volume thus forming 1st level of support. Ever since the news came out the volume has been picking on up resulting in the stock producing nice gains on the close yesterday and has gone another 28% UP this AM as well. The public FLOAT count is low which means some BUYING demand could move the stock back to its old highs of $1 in no time as the company developments unravel and news circulates the community. MGLT could be at its lower end and is poised to reach new highs! On an important side note, if a short term MA indicator crosses above a long tem one that would be an irrrefutable bullish indicator: http://www.eoddata.com/stockquote/OTCBB/MGLT.htm