Medicago Inc MDCGF

RE: RE: RE: RE: Ready for next run

[Jotte03]

We´ve had a couple of hammers the last ten dreadful days as well that hasn´t worked out well for us. I hope this one will.
Otherwise there is not much that is in favour for MDG technically other than it is oversold and has gone down eight of the last ten days so a bounce ought to be in place soon.
MDG has broken the rising trend, broke below MA50 like nothing, it´s even trading below the lower Bollinger band.
We have a negative cross over in MACD as well as in Full Stochastics.
RSI is on low levels but not yet oversold so there is more to take on the downside unfortunately.

There is a large chunk of shares on 48c pre-opening so it looks like we will open in the red today as well :-(((

The most looks like sh.t for MDG (technically) but lets hope it is then it turns as you point out TB.

Thank you for your look on things by the way TB.

Good luck to all.

47c, this is a farse...