RE:Mvy in oversold territory - MVY in the oversold territory …. RSI; 31 … the stock sitting on 200DMA … Expecting a rebound …. MI3 short term target $0.44
- Support: S2; $ 0.15 S1; $0.25 Resistance: R1; $0.30 R2; $0.44
Today MVY broke thru his first support level at $0.25 and is now at $0.24. According to Drolet the next support level is at $0.15. But with 15 million 10 cent PP shares coming free trading in the next few days, will even this 15 cent level hold ?