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Old 10-14-2008, 09:11 PM
pro_trader pro_trader is offline
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Join Date: Aug 2008
Posts: 141
Default Money4Gold Holdings Inc. - MFGD

Shares of MFGD are forming a coiled-spring where the trading range is getting tighter and tighter. This normally results in a big breakout in one direction or another. Given the oversold condition of the stock as measured by the stochastics and MACD, I suspect this eventual breakout will be to the upside. Moreover, it would appear that this breakout could happen any day now. Looks like it might be prudent to begin to build a position in this stock at current levels.
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