Wednesday, October 22, 2014 11:38:23 PM
MJ laggard in the past.
.22 KEY support. Fullsto coming off oversold on the last test of .22.
Double bottom is strong at the moment.
Close over .276 and the fun continues. A close over .35 will really signal showtime (the high close of last pop)
Middle BB .275 resistance then MA(50) .337
Volume pretty stagnant at the moment. Volume is THE key to riding the MJ wave. When you see volume increasing you know the party is getting started. Look at the previous day's volume... if the volume is say 50% of the previous days total volume 90 minutes into the trading day, you know PPS will reflect that.
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