setting itself up for a big move, page-15

Angry, I think what Martis said back then now needs to be disregarded. Like you I am trying to improve my chart reading skills. In fairness to Martis a beautiful cup and handle pattern WAS forming but the 366 down night on the DOW ruined that sucker. The other thing is if you are going to use the charts to trade you need to wait for confirmation. That may mean paying a little more but being more certain of a breakout. In this case my study shows that 17c would have been the buy signal and we didn't ever quite get there. So then the SP retreated to the MA line.

But I am still confident as I now look to the fundamentals. Increased production, falling PE, rising EPS, it's all just a matter of time. Also you can tell by the frustration in the posts of the long time holders that MRX has a bit of a hoodoo to break. MPO had one of them and so did CVI and it didn't stop them from rerating.