While my original analysis didn't pan out as I had hoped (and let's face it charting is just educated guesswork with a range of possibilities), I've persisted with MYX despite it bordering on breaking my stop loss a couple of times. It has broken above a weekly downtrend and is showing a bit of life over the past couple of weeks. On the negative side it has not yet formed a weekly uptrend line and isn't making higher lows and highs on the weekly. Jury is still out for me but I feel more positive about MYX today than I did last month. With a bit of luck it could just be a more drawn out campaign than I originally envisaged.
MYX Price at posting:
36.5¢ Sentiment: None Disclosure: Held
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