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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races....

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To: Jay Mowery who wrote (97)1/13/1998 1:42:00 AM
From: Robert L.Stone  Read Replies (1) of 645
 
Hi jay.........By Jay!...I wish it was that simple.
MNTG
I am surprised concerning the amount of 10,000 shares or more
trades.Some investors bailed out at the opening when
the market was down 130 points and got only $2.06 for there shares.
While some other investors snaped them up.Helping MNTG to make a nice recovery.

What I see is $2.25 another important resistance area.The stock
hit this wall and backed down.

support....now $2.06 This was an important resistance area
we did not breakout untill we closed at $2.09.

Resistance now $2.25.Friday we hit $2.25 but did not close there.

If the uptrend is going to continue we must close above $2.25.
I am glad to see volume expanding.The increased volume will take us over $2.25 resistance area.We must continue climbing the wall
of worry.

Jay, good trading tomorrow...

Bob

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