Tuesday, 8 March 2011
Trade Review March.8.2011 MGRN
We noticed that MRGN broke the resistance line during the day then exhibiting a pull back. Seems to us that the people that bought at 0.0001-0.0003 range are selling for quick profits in the 0.0004-0.0007 range while new investors move in. This investment is being heavily accumulated and there is no shortage on demand for MGRN. We are pleased that healthy consolidation is taking place while still keeping its recent gains. This is a show of strength and it is our opinion that this investment has just started its upward trend. We are hearing whispers that some news is also on the way so keep your eyes open members.