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Strategies & Market Trends : Three Amigos Stock Thread

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To: Harold who wrote (27557)12/13/2001 11:39:00 PM
From: somatics1  Read Replies (2) of 29382
 
Harold, I forgot to tell you why I bought more MTNT...here goes...the trading range is moving upwards...with support building at .40 or so...check out this chart...the moving averages will eventually cross, although they have quite a ways to go...something to look forward to..now, comes the time to trade part of the shares I got today at .41 and unload them at .50 or so...pullback and load up again...making my core shares "free" or at least that's what is the plan...gee i sound like Ken LOL....

216.129.217.2

This next chart shows that longer term, the stock is relatively overbought and the traders are having their way with it...it tells me that holders are hoping for something in the future and they aren't giving up on this stock yet...

216.129.217.2

Jorge A.
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