Hi Stingers, nothing is more telling than the VOLUME! Do you think a couple of HC posters & small fish retail investors could cause a massive volume surge like that? Think big.....
Fingers crossed news soon.
Posted on DT thread the following, enjoy lol.
"MMZ. Charts show momentum is now starting to come in, higher high & higher low, MAs are all turning up (especially ST MA seems to be outpacing LT MA), stoch looks bullish, positive divergence just broke MACD histogram high. Together with the massive volume in last 2 days, all signal intensified buying pressure. Speculation is now growing among punters on possible company-transforming developments to come. It is my understanding that the expected news could be a mkt update re the companys latest venture & possibly include some hints leading to a potential looming major deal. My plan is to be free-carried & not bother trading it at all (not a very savvy DTer myself lol), but this one may soon turn into a good momentum play with many trading opportunities if speculation keeps growing (like OBJ before 3M deal was supposed to be finalized). Worth watching any news release."
GL all JL
MMZ Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held