MCP is a long equity position, it's been in a base area and as an inexpensive stock, getting slammed around pretty hard, but it still looks like it has a decent chance here, I still like it.
Wednesday, March 13, 2013
MCP Request
I'm just able to get in to my gmail now so I'll try to get to emails shortly.
MCP is a long equity position, it's been in a base area and as an inexpensive stock, getting slammed around pretty hard, but it still looks like it has a decent chance here, I still like it.
I'd like to see this candle turn in to a reversal candle with a higher close.
MCP 60 min chart looks like downside momentum is falling off as each candle has a smaller body.
MCP 1 min is positive
2 min is much more positive
MCP 3 min looks good here so it seems downside momentum should fall off soon.
MCP's longer term -basing chart at 30 mins is leading positive in a big way, so I still like this one
MCP is a long equity position, it's been in a base area and as an inexpensive stock, getting slammed around pretty hard, but it still looks like it has a decent chance here, I still like it.
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