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Good Morning,
Those of you just joining us in the past few hours, I would like to personally welcome you to our trading community. The bad news is you have missed over 16000pct in gains so far alerted by me in 2015. Just this past Tuesday, MLPH rocketed up over 200pct. The good news is that today you get to see me in action with MCTC Just as CNBC is starting to sound the war horn between the bulls and the bears again... subbies are on fire and delivering bigger swings then any big board can right now. MCTC hit my scanners like a bolt of lightning right before market close yesterday when two tiny trades put it on top of the list with remarkable indicators: RSI - From oversold to breakout mode. Bullish Price - Moved through two resistance levels. Very Bullish MACD - Still under the zero line but now trending up. Bullish Acc/Dist - From rock bottom to upward momentum. Bullish I have to be honest here, I have not see a chart change so fast before and when you factor in the 17Mil Share Float according to Yahoo that would explain why MCTC can go from oversold down chart to a bullish breakout chart in a few simple trades. BUT... don't be fooled by the fast action, support and resistance is still a very important factor on MCTC chart and with support established in the .0033 range and 52 week high is only a measly 100pct away, this chart could go parabolic. I know, I know.... you are thinking... is this guy nuts saying that 100pct moves are measly??????? Yes I am, and I say it with all confidence as Tuesday's alert moving up over 200pct is a clear sign that these type of charts can move and when they do, hold on to your chair, dog, desk, what ever is close by... its time we all go on a crazy breakout ride. Start your research on MCTC chart right away, trade smart and remember those who arrive to the party first, reap the bigger benefits.
Sincerely,
SSR
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