Joanie, In my rookie opinion, I think MSGI looks good for a return to 18 or so. And that's where the story will be told, if it can bust through the resistance at 18.5, that would be a triple-top break, and a good sign for a climb to higher levels. The stock bottomed out and was way oversold at 11, and is still oversold even at 18, so it looks like a pretty good gamble. But like I said, watch it closely when it hit's 18 or so. If it falls back to 16-17 (after hitting 18 or 18.5), I would be getting rather nervous. Good luck with it!
909's,
-Joe |
