InvestorsHub Logo
Followers 19
Posts 5757
Boards Moderated 0
Alias Born 08/08/2001

Re: None

Wednesday, 03/27/2013 1:05:08 PM

Wednesday, March 27, 2013 1:05:08 PM

Post# of 26044
MFRM huge option spreads.
The announcement has pushed shares right up to a significant resistance level at the 50% marker at $33.66. That’s the bad news. The good news is that we are now seeing a Golden Cross forming as the 50-day average crosses up and over the 200-day average — a sign of long-term strength. So once MFRM clears this limit, we ought to see shares pop up to the 38.2% marker at $37.13. But what really catches our eye here is the potential for shares to reach back up to their 0.0% high water mark at $48.37.

If you insist on measuring yourself, put the tape around your heart rather than your head.
Carol Trabelle
My favorite back in my bar days:http://www.onemorelevel.com/games.php?game=33

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.