MBP 3.23% 3.0¢ metabolic pharmaceuticals limited

repost of march 2006: why i am strong on this stoc, page-12

  1. 207 Posts.
    re: pullback..bounce Yep..these kind of trading patterns are very common with mbp...big runup then very quick pullbacks and just as quick a recovery/bounce...often forming hammers and v-shape bounces rather than scallop like. It often forms more consolidation/pullback days than up days...but this is common in all stocks..with mpb, however, the up days are explosive which sets the tone for a massive up-move...big run ups/minor pullbacks. Don't worry of any minor pullback...it will bounce just as quick! It needs this to sustain the up-trend...a shakeout of weak hands if you will! :)
 
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