Posted by windyjazz on 10th of Mar 2011 at 12:49 pm
I think right now it is retesting the broken downtrend line.
14/3 sto has recycled down to 20. So I am hoping for a bounce if
the market cooperates. This is a difficult tape to breakout
against. Earnings were very good last night. 51 is definite
resistance.
MCP -- Is it breaking out of a triangle?
Posted by xxnileshxx on 10th of Mar 2011 at 11:24 am
Need some help on MCP is it breaking out of a triangle base?
its doing nothing - indecision
Posted by lebow on 10th of Mar 2011 at 12:37 pm
its doing nothing - indecision
MCP broke out of Triangle
Posted by windyjazz on 10th of Mar 2011 at 12:49 pm
I think right now it is retesting the broken downtrend line. 14/3 sto has recycled down to 20. So I am hoping for a bounce if the market cooperates. This is a difficult tape to breakout against. Earnings were very good last night. 51 is definite resistance.
MCP
Posted by zach06 on 10th of Mar 2011 at 11:31 am
I would wait to all the short covering clears.... Looking at a stock replacement on it at this point
Yes, nice downtrend line from
Posted by mark11 on 10th of Mar 2011 at 11:29 am
Yes, nice downtrend line from early January. .right up against it now. needs some more volume although not horrible right now....51.50 first obstacle