Medefile International, Inc. (PINK:MDFI) is once again covered by a lavishly paid promotion. The campaign started yesterday and will probably prepare the ground for another hectic trading period of the company’s stock. 
Even though the current promotion didn’t cost half a million like the last time, the campaign is still not a cheap one. The new promoter of MDFI, Wall Street Advisors, was paid $50 thousand for the promotion which started with a distribution of newsletters yesterday in the afternoon. [BANNER]
The campaign was started at a very favorable technical point. On one hand, MDFI has just exited the oversold area with positive DMI hovering high above the negative one. Nevertheless, since ADX shows that the stock is still in a trend, the accent should be on the trending indicators. In this regard, it seems that MACD are very close to giving bullish signals, but still it is not very certain if this will happen.
It was not surprising that a press release popped up today to accompany the started promotional campaign. It said that MDFI had engaged HealthPro BioVentures in order to meet certain marketing objectives. Thus, with both promotion and announcements from the company the market seem to be preparing for a turbulent trading day.
With this set of market influencing factors, MDFI provides for an intricate trading proposition for the agile short-term investors. Historically, it should be reminded that the stock had gone through severe corrections after a couple of promotional campaigns.
