Sunday, September 26, 2010

Trading Journal: MPI (September 21, 2010)

Figure 1: MPI Price Chart

Informaton:
Date Bought: September 21, 2010   Buy Price: 3.64

Remarks:
MPI was at tag of war between the buyers and sellers. My bet is the buyers will be able to win this game soon because MPI is at the oversold area of my indicator (not shown) and near a possible support area. Psychological support area is at 3.60.

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