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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an industry internet of things (IIoT) company. The Company’s manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that delivers real-time, tangible increases in manufacturing productivity. The MERLIN Tempus suite provides quantification and management of overall equipment effectiveness (OEE) by revealing hidden capacity using real-time objective data. Its IIoT Hardware products include Ax760 MTConnect, and MERLIN Adapter for Siemens SINUMERIK 840D. The Company’s hardware solutions offer manufacturers the essential link that allows manufacturers to connect machines together. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC, Behind-the-tape Reader (BTR), and Memory Upgrade.


TSXV:OEE.H - Post by User

Bullboard Posts
Comment by Dojitrader15on Mar 01, 2017 6:41pm
92 Views
Post# 25915813

RE:RE:RE:RE:RE:RE:RE:RE:The turning point

RE:RE:RE:RE:RE:RE:RE:RE:The turning point

If you know how to draw trendlines, it's pretty easy to figure out. Do you know what a chart is first? I'll leave it up to you champ, you seem a little uptight to have a conversation with so I'll leave you with some indicators to ponder on. 

To the rest of you the trendline pennant pattern closes within days....possibly tomorrow but Monday at the latest.

Stochastics broke briefly below the 20 line but has since turned and is trending up....bullish
RSI found support on the 30 line and is now trending up ...bullish
CCI now trending above it's -100 line ....bullish
ADX +DI line now trending higher....very bullish
Accum/Dist hs been trending higher the entire time the stock has retraced...very bullish
CMF at it's point of oversold...bullish
MFI now has broken the 20 line...bullish
NVI about to cross the EMA line ...bullish
TRIX has leveled and is starting to curl up ...bullish
PVO should find support on 0 line 
Williams%R up against the 50 line, if it breaks it ....very bullish
Ultimate Oscillator just breaking the 50 line ...bearish
TSI flatened and turn upwards with a crossover...very bullish

A break above 0.25 and we will be trading ABOVE the 200 day moving average as it is acting as resistance currently but once above it, will act as support.

Not to mention the gap at 0.23 is now closed and the stock can now continue higher as evidence by the higher low created on Feb 21 when the stock closed at 0.225, closing above the previous low of 0.20

Is that enough for ya champ?....Enjoy your chart!

P.S. The pennant formation usually results in the stock upon breaking out usually moves the distance of the previous move prior to the retracement/consolidation which would put the stock around the 0.65 cent range.

Again...Enjoy your chart!

OEE Bullish Chart



 

Bullboard Posts