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Thread: MVSR Medivisor Inc. - MVSR
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Old 09-28-2008, 01:51 PM
pro_trader pro_trader is offline
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Join Date: Aug 2008
Posts: 141
Default Bullish price/MACD divergence suggests an upside pop in MVSR!!!

There are many latent indications of an imminent rally in shares of MVSR. For starters, there have been many upside volume spikes acccompanied by very low volume bouts of profit-taking. The stochastics is in a strong uptrend ---but is far from overbought levels. The short MACD average has just crossed back above the longer average. And most importantly (in my opinion) is the fact that while the sstock has been making lower-lows, the MACD has been making considerably higher-lows. This bullish divergence suggests that a strong upside rally is in the cards over the next several days. Could be a good time to take a position in this company now.
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