I hear your skepticism about that, but there is still such a thing as technicals. MGLG was supported on that level last time and i sold off technicals last time too. Not always the case, but i have made money enough times to know it works more often than not.
LOL never buy penny stocks based on technical analysis? Aren't you the same guy who was asking for financial reports from a penny stock? Then you tried to act like I was dumb because I told you penny stocks don't have to report.....
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