Replies to post #1270 on MNP Petroleum Corp. (MNAP)

[abbam]

judging by insider transaction all i see is sales for the past 2 years. Doesn't look healthy to me. What's your take ?

[tatrader11]

MNAP some manipulation occured to fill orders above .32
I managed to kick some out avg .305

I see a very nice 5 wave thrust that COMPLETED on the spike to .34

Read thye previous TA post as this is an update.

Looking for a correction of this recent move (2nd wave) and expect a retrace of 30-50% of recent move. We have support .24/.25

This move so far has been .21 (assuming .34 does not get taken out) and a pull back to .24 would be basically a 50% retrace.

Watch the volume, we want to see lower down volume then the move up to keep bullish chart.

I will be reloading the shares I sold on a pullback to .25, and yes I know I sold my first shares .245 NEVER EVER forget bulls make money, bears make money, pigs get slaughtered.