MEDA strong start today, the multi-day bounce could be confirmed
PennyStockGeneral Newsletter
Media Analytics Corp (MEDA)
Good morning all, If you opened my email this morning you would have seen case made for a potential bounce in MEDA off these near 52 week lows – just like it did back in March – all the way up to around $0.60 in fact. Well, it`s made a good start today opening at $0.13 and is now trading at $0.145. Level 2 shows some big buying support at $0.13. We think this support could help propel MEDA higher over the coming days. Given there is solid support at $0.13, near 52 week lows, we think MEDA offers very good risk v reward at these levels ($0.01-0.02 risk, potentially $0.10+ reward)
Yesterday, MEDA announced that it will open its headquarters in Silicon Valley today, growing the company from the heart of the technology capital of the world. Check it out in full at http://finance.yahoo.com/news/meda-open-headquarters-silicon-valley-123000262.html Make sure you read our profile of MEDA below and consider it for a trade at these levels. All the best. PennyStockGeneral.com
Traders ,
I trust you got my email on MEDA last night If not, please make sure you continue to read below. Media Analytics Corp (MEDA) has beaten down the past few weeks and we think it could be time for the bounce .
If you look at the chart above, you see MEDA bounce big time from its 52 week lows. In fact, back in March this year, MEDA bounce from its low of $0.12, all the way up to $0.65. We are right at those same 52 week lows now. Can it bounce again
With an RSI reading of 29 indicating massively oversold conditions, we think so.
Here is what you need to know about MEDA…
Media Analytics Corp (MEDA) is an aggregator of leading media and mobile technologies allowing advertisers, publishers and agencies to leverage social medias to create successful data driven strategies and digital marketing initiatives.
By bringing together first-class technologies, Media Analytics Corporation offers an integrated environment for marketers to easily deliver immediate and actionable results.
Far from being some behind-the-scenes function of websites, analytics is the main driver of online success today and perhaps is the reason Google splashed out again in May to acquire Rangespan, a web analytics firm that focuses on e-commerce.
We are entering the era of Web 3.0, which means more websites, more visitors and more "noise." Web analytics has never been as important as it is now which means my latest pick should not be taken for granted in the slightest. MEDA`s flagship product Is called Klarity, An analytics dashboard that allows for the conversion of social media data into more than 20 languages. MEDA and Klarity are huge – simple as that. The company has pushed its platform global and now has a presence on Sina Weibo, one of the most popular sites in China.
You can learn more about MEDA on their website http://www.media-analytics.us/ Just yesterday, MEDA announced that on July 15, it will open its headquarters in Silicon Valley, growing the company from the heart of the technology capital of the world. Check it out in full at http://finance.yahoo.com/news/meda-open-headquarters-silicon-valley-123000262.html MEDA also announced very big news a couple of weeks ago, that the world`s largest communications services group, WPP PLC, via it`s media agency Maxus Global, chose MEDA`s flagship product, Klarity, to gather social intelligence and for data consolidation and analytical reporting. We think MEDA is a very interesting technical and fundamental play. Given it has been beaten down so hard and fast over the last few weeks, we are looking for a strong bounce here . And given the positive news the company has been releasing , we expect more investors to take notice as time goes on. Make sure you are ready at the opening bell so you have the opportunity to participate what could be an excellent day of gains.
The Team www.PennyStockGeneral.com
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