Marani Brands Inc. (MRIB)

[daytraderjoe1984]

Not just news, but the numbers here on the charts are awesome.

I am happy I stayed up a few hours later last night or I wouldn't have came across this stock.

The chart is beautiful. Solid buying with little selling. The company has restructured over the past 2 years. I do believe the CEO said they eliminated 1mil in debt off of their books. They already have orders coming in and shipping out. They redesigned their brand and bottle appeal to keep up with the times. The product is projected to hit to be officially released to the market in the first quarter of next year, Jan 2014. All great news!

Now for the charts.
13ema has been on a rise for a long time. Great momentum gauge.
MACD took a dip down but is now on the reverse and climbing.
Volume has been steady over the past few months with continuous buying and little selling.

These are all good signs of a company that has restructured and is on its way to a come back. Many companies have done it before from losing their product appeal and keeping up with the times and designs and what is fresh to today's standards.

I hope everyone does their research and takes a look at this stock. Everyone looks for that one stock to help them make their portfolio grow. Well here it is among other come back stocks.

This chart is beautiful!
MRIB from Stockcharts.com via PSProfits