RE: Watchlist - Investor method
Well done to anupam384 on his IDRA pick.
I've highlighted MCP a number of times on the thread over the last few months, and bought into it myself in early August. It continues to trade in Stage 1B and has had a strong week. Relative performance is breaking above the zero line, but volume is still only average currently, but the 50 day MA and 200 day MA are today at the same level, so could crossover finally.
To move into Stage 2A this would need to close above the July swing high of 8.06 imo. Attached is the charts.
Disclaimer: I have been long MCP since 7th August.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.