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Medicago Inc MDCGF



GREY:MDCGF - Post by User

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Post by Indicatoron Jan 24, 2011 2:45pm
317 Views
Post# 18018528

Brakes coming off

Brakes coming offMarket depth this AM I see the larger pressure is now on the BID, rather than the ASK as it has been since recent high.

Regarding the results of Phase 2 end of Jan - I seem to remember Phase 1 results releases being similar. If memory serves, Phase 1 they released initial results as planned, and then they monitor reactions ongoing for some time and provide follow up results at complete end of full trial.

Stochastic may not reach absolute bottom of channel before turn.
Lagging indicators: MACD still in positive territory along with 50 over 200 moving average cross.
Flag holding up in this range.

Looks close to starting a move back up to me. How far *they let this run is anyone guess.

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