Oct 11, 2012 - MJC, Stock Analysis    1 Comment

Horse beauty rest

Looks like MJC doesn’t want to go up nor go down. After seeing it broke from the Symmetrical Triangle and supposedly test the new found support, the price did not move up or down instead it goes sideways. Looking at the weekly chart we have two Dojis and another one as of this time. Price resting at the consolidation area. Maybe the horse needs to rest for a while.

Caveat!

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