OTCPK:MEAOD - Post by User
Comment by
lach60on Oct 12, 2011 4:45pm
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Post# 19142996
RE: MA(50) 0.32-0.33 ACTING LIKE A SUPPORT
RE: MA(50) 0.32-0.33 ACTING LIKE A SUPPORT
I agree for sure. Even the 200-day around 30-31 cents. My one concern would be breaking through that .40 cent barrier. That .40 cent mark acted as a support on 5 different occasions looking at the 3 year chart. If all goes the way the company says it will though the technicals won't matter to much as fundamentals alone will bring it past.