MYG 0.33% 75.3¢ mayfield group holdings limited

Liking the look of the chart here. Much more healthy than a...

  1. 13,097 Posts.
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    Liking the look of the chart here. Much more healthy than a couple of months back.

    DAILY
    Has held the 50% retracement for a while now, which is important with smaller stocks imo. Bollinger Bands tight and suggesting a move. Some strong volume kicking-in Friday and some early follow-through this morning.

    WEEKLY
    Some repeating ranges shown in blue just for an idea of what might be possible if we get the breakout. Stochastics and MACD both in strong positions.

    Would think there's a good chance of any move taking place before expected significant announcements arrive, as is so often the case.

    What does everyone else think???





 
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