OTCPK:MGMXD - Post by User
Comment by
BoldForbeson Aug 02, 2017 4:22pm
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Post# 26540079
RE:50 & 200 Day Moving Average
RE:50 & 200 Day Moving AverageRandom coincidence?
I just ran some back of the napkin numbers; If AXY stays range bound ~5.87 for close then the 200-day moving average would bottom out and potentially turn positive on the 11th.
You would have the 50 day and 200 day averages positive for the first time in a long-time (~14 months)
The earnings call is the 11th...
Hmmm,
BF