Canadian Stock Alerts Update:
MEDICAGO INC - MDG.V @ .57 on 2.4 million shares traded
MDG started spiking last week from the .30's and hit .50 on Friday. Then spiked big time this morning on great volume. That said, we are watching for the right pullback now. Previous close was .49 , opened at .51 and has already hit .63 on 2.4 million shares traded by 10:15am, so this stock is definitely "in play".
The pullback could be over, but that .59 level always concerns me. Either wait for a further pullback or wait until it gets past .60 with conviction.
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Monday, July 27, 2009
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