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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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To: lexi2004 who wrote (609)10/17/2005 12:40:41 AM
From: Walkingshadow  Read Replies (1) of 1694
 
MCET is forming a V-bottom, very oversold with technical buy signals in place:

stockcharts.com[w,a]daclyyay[dc][pd20,2!b200][vc60][iLp5,3,3!Ll14]&pref=G

139.142.147.19

But one could make a pretty good argument that this is the confirmation of a long-term downtrend establishing itself, and the current reversal is just a relief rally. After all, MCET was consolidating in a trading range, and has now broken support there..... not a good sign at all in terms of the long-term trend:

stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60]&pref=G

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