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Captainandy

02/15/13 10:22 AM

#32558 RE: fitzwell11 #32557

$TGIF not sure folks...:-}
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Diablo007b

02/15/13 10:22 AM

#32560 RE: fitzwell11 #32557

MJN* doesn't have RAFF at the helm. MWIP is far from in trouble. Great stuff going on with this one!
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RPH9878

02/15/13 10:22 AM

#32561 RE: fitzwell11 #32557

MJNA is down because of a bullsh*t article from Seeking Alpha once again.
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ospreyeye

02/15/13 10:59 AM

#32586 RE: fitzwell11 #32557

Yes, MJNA's candles tail 2 days ago was longer.......the difference between MJNA's pattern & MWIP's pattern is the fact MJNA had already DOUBLE Topped @ 0.50.....

MWIP has only tested the upper resistance level once.......I pointed out on Wed that MJNA had double topped.....

Major Reversal pattern......Now MA(10) Support has Broke for MJNA the next Support is MA(20) @ 0.275.....

As you can see today MWIP is holding MA(10) so far and is confirming the BUY Signal.......

Having only tested upper resistance once MWIP should test it again before testing MA(10) support.......

The candlestick patterns need to be put in context of the bigger picture......yes, MJNA & MWIP formed the same pattern yesterday almost exactly, but they were @ different levels on their individual charts.........$$$