Replies to post #35875 on Agritek Holdings Inc. (AGTK)

[neophyte184]

Thank you for the perspective! We shall see!!!

[Owlman]

Man, I think (another) bounce off the 50-day is EXTREMELY UNLIKELY. Another hour of trading today and we'd have ended green. Today we went low enough in the 5s to constitute a hit on the 50-day (EMA). So from here we should head up. Especially considering how oversold we are.

I think you must be using the SMA; the EMA has been much more predictive of MWIP's movements.