Replies to post #9263 on Mesa Air Group, Inc. (fka MESAQ)

[Arnold25764]

Did you say .15 cents next resistance?

[Larrydcpa]

The current stock pattern of MESAQ is SLOWLY starting to resemble the chart of SSCCQ in its earlier stages.We have spikes on higher volume followed by small downward movement on lower volume.This period of time was followed by relatively lower volume and low beta activity.NOTE There was never an Island Reversal on the charts of SSCCQ on the way up.Bottom line,good news brings higher volume and higher prices.Also,The book value of MESAQ s/b increasing every month adding to the higher prices.This all takes time,but when the damn breaks it'll be FUN FUN.