Saturday, March 30, 2013 4:00:17 PM
$MJNA 3/28/13 CHART ANALYSIS - TWO CHARTS$
At last! The MM doing all the selling of the last 5 days moved to the bid side of things here @ $MJNA!
It looks like there is no more will to sell into the .2500 mark. Looks to be going up from here. It has been trading on top of the lower BB for four days now and has found a TRIPLE BOTTOM on .2500-.2505. MJNA rarely trades on the lower BB anyway so it would seem a really smart decision to pick it up here whether you're a flipper or looking longer term. The chart says nothing but buy buy buy.
(a little reasoning behind that , it triple topped on .50 AND WENT DOWN, just triple bottomed on .25 SO IT SHOULD GO UP.)
I'm all in, are you?
Adding to that, financials and more news are on the way. What's not to love?
Resistance 2 = .2880
Resistance 1 = .2770
CURRENT PRICE = .2505
Support 1 = .2505
Support 2 = .2500
A LONGER PERSPECTIVE
$MJNA
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