Hi Ernie,
OT:
Well I'm glad to hear that, just don't get any animals from France or England. I see that they just waked 20,000 sheep that France got from England. Terrible shame.;-((((((( Hope that they can get this under control soon.
Now back to MYCO. Now here is the way the T/As are shaping up;
Volume up, momentum line down, price down - not good.;-((((((
MACD - down
ADX - down, lots of selling. ;-((((((((
Stochastics - down
Money flow index - down, lots of money going out of the stock.;-(((((((
Now your resistance points are these; 20, 15 an then 125. It has already crashed through the others. So tomorrow will be an important day. Hold 20 or go to 15. You will have to go to the big board to see what tomorrow looks like an see where the support for this is tomorrow. I would suspect that the folks that are still in this at 125 will probably bail tomorrow seeings that they can still make a double on their money. I hate to say this but that is where this looks like it is going.
After looking at the stats for yesterday, there where 2,295 losers for every 311 winners in this price range. In other words, WE ARE ALL GETTING HAMMERED!!!!!!!!;-((((((((((( Not only that but there where 205,815,200 shares traded yesterday. That is a big jump. It doesn't look good for this one or many others.
So for now Ernie, good luck,
Ron |