Replies to post #16300 on Marketing Worldwide Corp (MWWC)

[mdimport]

That's a fair assessment for judging the bottom. The MWWC trend has been a bottom play, the issue is timing the bottom. I wrote this a few days ago:

The technical charts haven't confirmed a bottom or a buy signal, but arguably $0.0015-$0.0023 is the beginning of a current trading range. RSI is 35, so not yet oversold. The stochastics indicate the next move will be lower (don't know how much).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73904601

RSI is 34.13 and still not yet oversold. $0.0015 was one potential buy point (see what I wrote about the tail on 11/14/2011 and the match that would happen), but as I wrote at the time it was too early to assess.

One thing buyers today would need to think about is the weakness at $0.0022. According to another poster only $17 shares were bought at that price. Not a good indicator of strength. It tells me that a buyer at $0.0015 has a good chance of being trapped.