Tuesday, February 26, 2013 1:51:45 AM
WOW! $MJNA is performing just as expected! Amazing returns :) Very liquid !
1. Perfected a bounce off the 50 MA and closed bullish 2/22/13.
2. 2/25/13 resumed the bull run for a much bullish close .3265
3. Next resistance is .35 , which conveniently is also MA 10.
4. MA 10 was past support for much of 2013.
5. Breaking MA 10 would be very bullish. A "rise from the lies".
6. I think there will be some resistance on .35 , and we might consolidate after connecting with it. However don't despair, it will return after finding its support.
7. Which in terms of support we have .25 - .26 and then MA 50.
8. RSI does have so much room for improvement ;)
$MJNA
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