OTCPK:MAUXF - Post by User
Post by
3lectricgorillaon Nov 14, 2012 9:13pm
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Post# 20601779
Mart Breaks Key Long Term Trendline
Mart Breaks Key Long Term Trendline From a technical perspective Mart's American shares are in a precarious position. Mart has been in a significant uptrend since June 4th of this year. Today shares broke and closed below this key trend line. Fundamentals do look promising. Um-10 news was terrific. The company continues to generate generous amounts of free cash flow paid to shareholders in the form of a dividend. If the pipeline project can get off the ground the skys the limit for Mart. Been long Mart since that horrid drop after bad earnings. Would surely buy more if cheaper shares are offered.