hirahara-
regarding your question on MCP, I own some MCP for shits and grins
and I'm holding it for now, chart looks OK, trying to put in some
sort of bottom perhaps. Short term support is obviously the
MA's just below and a good place for a stop.
remember this is a volatile sucker, I never do a huge size with
it
Mcp moved today on china
Mux
Posted by hirahara on 7th of Sep 2012 at 03:51 pm
Mcp moved today on china news. Would u hold?
hirahara- regarding your question on MCP,
Posted by matt on 8th of Sep 2012 at 03:30 am
hirahara- regarding your question on MCP, I own some MCP for shits and grins and I'm holding it for now, chart looks OK, trying to put in some sort of bottom perhaps. Short term support is obviously the MA's just below and a good place for a stop.
remember this is a volatile sucker, I never do a huge size with it
Thanks for the chart. I
Posted by hirahara on 8th of Sep 2012 at 12:41 pm
Thanks for the chart. I was thinking that the bottoming wasn't long enough yet but the possible gap fill maybe worth the risk of holding.
hirahara- here's an updated MCP chart,
Posted by matt on 10th of Sep 2012 at 09:57 am
hirahara- here's an updated MCP chart, if it can take out this neckline, could be a small inverse H&S pattern - also see the 60 min chart attached
Stockchart URL
Thank you. Wasn't sure I
Posted by hirahara on 10th of Sep 2012 at 12:22 pm
Thank you. Wasn't sure I saw that pattern.