As per post from Magooagain: "bickerss, if you're still looking for an entry, look sharp now. It's trying to close that gap at 0.33, which it looks like doing seeing as it's being walked into it. So look for a close today on a "hammer" (candle with a short body and long lower shadow, looks like a hammer) - ideally it will close on 0.365. Having closed the gap the hammer should signify a bounce back towards the upper channel, so there's an opportunity to buy at 0.35 and sell at closer to 0.60 (all subjective to announcements, DJIA etc). As this could well go lower to the 0.305 support or even 0.25, it's best to wait until tomorrow for confirmation."
Good call Magoo. It formed a tail down to 33.5 and closed at 36.5 (albeit with only 500 shares on last trade). However VWAP was 35.6
IMO Technically it looks good.
MNM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
