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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 07-10-2007, 12:11 PM
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Default MDFI - Medefile International, Inc. (OTCBB Stock)

.14 resistance has been broken and chart looks primed to go still, MACD separating and RSI crossing 50, tomorrow could be a fun day ;)

Outstanding Shares: 178,733,910 as of 2006-01-23

Address:
2 Ridgedale Avenue
Suite 217
Cedar Knolls, NJ 07927
USA
Phone: (973) 993-8001

Last edited by Guthrie; 07-17-2007 at 04:31 PM.
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  #2  
Old 07-17-2007, 04:30 PM
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Default Re: MDFI - Medefile International

Ok, may have tried to call it way too early lol, but bollinger bands are tightening, MA's converging, MACD positive divergence over the past 4 months. This thing will probably make a move sometime in the next month or so lol but it could be tomorrow or August 17, who knows. We just need volume!!!
But my guess is over the next week or so the bollinger bands will continue to tighten and the MAs continue to converge and soon enough it'll pop. *Crosses fingers*
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Old 07-20-2007, 06:02 PM
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Default Re: MDFI - Medefile International

Wasn't home to watch it today but it finally hit .14 after 7 trading days of not doing so. It's continuing to look like a better and better chart and there was a slight increase in volume today, over double the 20 day MA.
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  #4  
Old 07-23-2007, 12:08 PM
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Default Re: MDFI - Medefile International

Testing .15 today. If we can get through that, I think it's show time because the 50day resistance at .16 doesn't show up on L2s as of right now. 3 MMs left at .15 then 1 at .19.
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Old 08-06-2007, 01:24 PM
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Default Re: MDFI - Medefile International

I was calling the move a little too early last time but this one looks ready to pop. The only thing I don't like about it is that it's hard to sell shares as the bid doesn't really move up and the ask is tickled, not hit hard. But MA's converging, sto about to enter oversold but curving back around, RSI will probably close around 50 if the day ends at .15 or higher, plus good ole MACD positive divergence. Not to mention that ask is pretty weak, it just needs volume to push it. I'll be looking for an entry point tomorrow as funds clear.
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  #6  
Old 08-10-2007, 12:31 PM
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Default Re: MDFI - Medefile International

All right, so I predicted a move way too early again lol. When you guys look at this chart what do you think? I still think it's going to pop, but I got in too early, what do you see in the chart that says it's not quite ready yet? All I can see right now is the BB haven't tightened up.
Just trying to learn some more.
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  #7  
Old 08-15-2007, 01:10 PM
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Default Re: MDFI - Medefile International

Bid is rising, BB tightening, the break out is coming soon IMO.
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  #8  
Old 10-26-2007, 06:42 PM
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Default Re: MDFI - Medefile International

Well I was only a few months off with the big take off haha. I sold out for a slight profit awhile back but it does look like we're ready for the next leg up. If I can free some money up from GSPI or something, I might throw it in here. Good luck!
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  #9  
Old 10-15-2009, 12:53 PM
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Default Re: MDFI - Medefile International

Not in this play....Huge volume coming in!
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Old 10-15-2009, 01:35 PM
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Default Re: MDFI - Medefile International

New HOD here (.0038), shares are flying off the shelf! Congrats to wll who have held!
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