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Tomorrow's Alert: MELY
Good evening members,
As promised, here is our latest sub-penny play with a killer chart operating in an industry that is all the rage.
Microelectronics Technology Corp (MELY) is showing all the signs of a potential winner tomorrow. Let me start with the obvious reasons why...
At $0.0019, MELY has a very small market cap and an insanely small float (per OTCMarkets.com).
And MELY's chart screams winner.
As you can see above, MELY is trading right on its longer term 200 day moving average, and at a key level that has produced some strong short term gains over the past several months.
Each time the MELY has sold down to these levels over the past few months, a strong bounce higher has ensued. In April we saw around 150% gains in just 3 days. Then in May, it bounced close to 100% higher. Finally in early July, from these same levels, it ran 67% higher over a few days.
Past performance is not an indicator of future performance, but MELY appears to have a strong trend in place here.
The trend indicates there is demand / support for MELY at current levels.
Based on its recent trading history, we could see another bounce in MELY off these same levels.
Microelectronics Technology Corporation, through the acquisition of Cloud Data Corporation, an Incubator of Internet and Social media technologies, is positioned to capitalize on the exponential growth of today’s technology market within Cloud Computing.
MELY’s unique technologies provide a model for enabling convenient, on-demand access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction.
MELY’s proprietary operating platform DomainStutter, is a unique platform that is capable of deploying hundreds of websites rapidly and efficiently enabling the propagation of content rich websites virtually within minutes.
DomainStutter is hooked into the cloud computing space through the utilization of Virtual Private Servers powered by XEN. In the Internet hosting service industry, virtual private servers fill a void between shared web hosting service and dedicated hosting service.
They allow root-level access to individual clients without requiring physically dedicated servers. They are most widely used by businesses and individuals that need a customized solution that cannot be filled in a shared hosting environment.
For more information on MELY, visit their corporate website http://www.melypk.com/
Recent MELY Headlines
- Microelectronics Technology Corporation Data Center Update Phase One Complete Accesswire (Wed 30 Jul)
- Microelectronics Technology Corporation Data Center Update Phase One Complete Accesswire (Tue 29 Jul)
- Microelectronics Technology Corporation Data Center Update Marketwired (Sat 12 Jul)
- Microelectronics Technology Corporation 100TH/s Server Order Update Marketwired (Thu 26 Jun)
- Microelectronics Technology Corporation 100 Th/s Server Order Marketwired (Wed 4 Jun)
- Microelectronics Technology Corporate Update Marketwired (Fri 30 May)
- BTC Mining Pool Update Marketwired (Sat 24 May)
- Entropic, MTI Deploy Advanced Channel Stacking Switch Technology into the Middle East Satellite Market at noodls (Tue 11 Mar)
We think MELY could be an explosive trade tomorrow. We urge you to do your own due diligence in MELY tonight and be ready to trade at the opening bell tomorrow. The Editor Monsterstockprofits.com Disclaimer
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