GREY:MDCGF - Post by User
Post by
challenger426on Jan 18, 2010 11:53am
494 Views
Post# 16690674
200 DMA
200 DMAMDG is at a critical point. Hopefully it will hold at 48 cents which is the current 200 Day Moving Average (DMA). Normally, this is a good entry point as it is considered a big support level. Also, notice that MDG has just entered oversold territory which could also help those holding shares.
Good Luck!