Medinah Minerals (MDMN)

[Medinaminer]

Purely on a technical basis, it appears MDMN is oversold. If today's action can be interpreted as a hammer on the candlestick chart, then we may have a reversal on Monday and for a few days next week a positive upward move.

If a major announcement accompanies this oversold condition, then next week we are off to the races.

If there is no announcement next week, after a few more days of upward move and consolidation, we are back down to $.05.

IMHO, sometimes it pays to be a contrarian. Just when we feel like capitulating, things change on us.

Let's see what "next week" brings to MDMN longs. More bleeding or finally a vindication.

How's that for a conflicted, angry, frustrated MDMN long.