InvestorsHub Logo

136

Followers 706
Posts 15837
Boards Moderated 0
Alias Born 11/23/2012

136

Re: None

Wednesday, 01/23/2013 4:32:15 PM

Wednesday, January 23, 2013 4:32:15 PM

Post# of 238171
$MJNA 1/23/13 CHART ANALYSIS

Well, I almost had the EOD call right. Said .1429 or less but I'll take .143. Anyways today was pretty much exactly what I expected. This downtrend will continue tomorrow, I'm thinking we'll get a .1300 test mid day. This "pre-audit" drop we are experiencing shouldn't go lower than .115, but more likely will only drop to .1200 for a 50 day MA test. That will come Monday imo, so if your a potential buyer or just want to increase your position I'd wait these prices out or sell if your still holding. The .125 - .145 price range has a lot of volatility. Just wait for the 50 day MA test. There is still plenty of time before the audit is planned to be released. ( 17 trading days ). No T-trades BTW, I think someone made their plans earlier in the day with that 958k trade. Which to remind those who are reading this means someone sold 958k, and someone also bought 958k. Volume was unusually thin from 12:30pm - EOD ... thinking there are a lot of people either wanting .16+ or people wanting to buy lower. Oh and I have an early prediction for the day high on the audit's release date. Thinking .22 is absolute top for that day. I know I'm thinking wayyyy ahead but just a thought.