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April 30, 2008

MESA - Annotated Daily Chart

By admin

Submitted by Dr. PennyStock

 This penny stock has support at .44 and resistance at .579, .60 (that descending red line), .73 and 1.20.

All indicators are pointing to a recover, MACD already gave buy signal and RSI and ADX are pointing up, a continuation pattern, but, it must break this descending red line, it’s a very strong resistance.Happy trading
Dr PennyStock

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