Replies to post #42641 on Mike Lindell Media Corp (MLMC)

[fringe_remnant]

Andy42o - Nice Annotated Chart....

I wanted to make a few commetns before ruunning off to bed, even though I promised Susie some time ago that I woud do that.... you've got me going with that chart you've drawn.

Those tight channel lines on that chart are pretty restrictive. They sure don't give the PPS much room to move do they? (One little mistake and it's all over, right?) Me, I think they tell a pretty one-dimensional story.

Did you notice that a candle punched through your upper channel the other day? What do you think that might mean?

What do you think of the 50/200 MA crossover? Someone told me to take a golden shower with it the other night.

My fibby calcs say that this run that we are in should have stalled out completely at 0.023. Instead, it just hiccuped.

I have added a regression line of sorts to the middle area of the ascending channel on my chart (Note: this chart avoids the stand-alone tight channels you have drawn as I don't think they inform much, and references other PPS points in time and space for a geometry which is a lot more relaxed but now related to the overall play). The addition of the middle channel line adds some dimension and acuity to this broad channel, and makes it suddenly relevant.

I have often thought that 0.035 and 0.05 were big numbers for this stock, big in that they stand out somehow. They are referenced back into the history of it, the relevance of which is debatable. But with the middle channel line now inserted their presence becomes more defined and prescient.

The current price action against the middle channel line incites an ascending wedge, moving toward those aforementioned price levels. Do or die day will be on this stock soon enough, for this current run at least.

That's where it gets interesting. Very, very interesting.

Yes, you are right, a break to the downside and a stock that has this much speculative interest in it has the potential for much suffering, quickly. I wonder though, given current technical and fundamental considerations, and the depth of expressed interest, what you might think about the potential for a break to the upside here, considering all of the above?

Do you think that all the people coming into this stock in the near term be buying a topper? Do you think we should warn them somehow?

Me, I like the way she's looking, and personally I am not betting the downside here. Should be quite the day tomorrow, and Monday/Tuesday of next week.

[Profe$$or]

There is a flaw in your chart and channel and direct everyone to the 10 day moving average.

[phowell23]

About 13 MM's sitting here at 0.02 showing strong support

[phowell23]

This chart may or may not be right but so far today it's right on the money..look at lower end of today's range..touching bottom of channel.

[olico ™]

Andy, I got this chart earlier, not sure why the repeat again...........and not sure how much I would rely on this st channel either...........I can post a ton of charts showing channels, but usually dont use them in such a short period.........thats just me.

Good luck if your are in or out, but for now, she is still strong.......and with this possible 600 store national deal looming..............well, there is too much upside possibility left............IMO.