Mast Struggles as It Takes the Wind out of Investors' Sails

9 apr 2014

Price action was encouraging at the start of the year, but following a volatile couple of months, shares of MSTX have retreated significantly from their 52 wk high. Channels with horizontal trend-lines have been pretty well defined, and the stock currently sits at another key support level. It needs to hold here, IMO, or the bleeding will likely continue. Next major support = -18%.