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I see a cradle reversal. But you know how technical charting can be. Everyone sees something different much like looking at ink blots.
LoL...good one.
They changed the ihub name to traders hub...interesting.
Great article posted on HEMP inc's facebook page.
http://www.counterpunch.org/2016/03/29/hemp-cannabis-and-marijuana-whats-the-difference Cannabis HEMP and Marijuana: What’s the Difference?
It'll clear up some misunderstandings of the HEMP plant.
So, the Hemp Manufacturing Plant is a scam? Does it not exist and is it not owned by HEMP inc?
That is a good question. Where's the detective??????
Clay I respect you. Just Sometimes when you talk about the OTC stocks you seem bitter. Like Nasdaq or NYSE securities don't retreat 60-90% of their value. Securities trade globally and it's not right to glorify or demonize any particular exchange. It's miss leading and I recall you saying how bad OTC pennies are several times. I encourage you to continue making money when the opportunity arises. It's great business. It's just hard to trust a person that takes compensation then put down the security exchange. Hopefully you have moved forward and are sensitive to your large and diverse audience. I wish you all the best and always strive for excellence.
John
Nice analysis and very detailed. I respect your research and determination...nice work! I see hemp not being grown in the USA as more political than practical. Probably a deal(s) with other countries led to our domestic growing ban. Our system is so corrupt and oppressive that we'll never know the full truth. The movement to bring hemp back is long overdue and welcome.
Agreed. I see a problem with out of state sales. That could lead to a legal disaster.
Hemp is currently illegal. So when it does become legal to grow and use $HEMP is ready to go.
If the price of oil skyrockets then the oil rig counts will increase for sure.
Maybe they have so many good things to put into the report they need 2 more weeks. Or they did so much in revenue sales that it'll take forever to add them up?
I see that, he doesn't seem to turn them in on time very often.
the inflow of money to the OTC seems to be increasing in general
this place went silent
agreed, we haven't even gone to any moving averages like the 200SMA. It would be nice to get a nice early PR and gap over the 200. Not sure if that will happen, but we can dream.
that one looks risky and may be too early. $HEMP has volume/liquidity.
30 million on the week and it's only 1&1/2 days into the week. You just can't ignore the volume. It'll be exciting to see when all eyes are back on the MJ sector.
It's trading in the middle. I can see not having a position, but if it takes off and gaps you're gonna panic buy. Lots of weekly volume still rolling in behind this. They may run out of shares...lol.
To me, the volume is already more than the 2014 adventure.
today $HEMP had enough volume to call it even a good week of trading. That being said, a dime seems very low. I'm not gonna call a top as this may trade higher then I can reason. Hemp surprised me back in 2014 when it hit near $3. I really didn't see that one either. I'm sure not many people thought it would run that high. $HEMP has revenue which is more then what can be said for most of the securities trading on the OTC.
It won't stay here for long and may go much higher than we all think.
strong volume on the daily for $HEMP
arise from the ashes $PHOT
May soon become a penny stock at this rate.
Wow you guys sure can dream... Your ideas are actually pretty good and maybe you all should be working for these companies verse hanging out here.
Change the world!
Nice bullish day! A close above 51.77 would be excellent. I think it should happen today or tomorrow. That would make the weekly chart look really nice!
Nearing daily support, but the velocity of this downtrend is concerning.
Be careful guys
I see oil dropping again and that won't help this stock in the short term. Long term oil should rebound at some point. Just be careful guys!
the trend is our friend today...see how long it lasts
changed to Bullish Harami
daily chart has a Homing Pigeon...see what happens next
$$GPRO$$
I'd like to see $45. The price of oil is a concern in the near future.
Agreed it needs to hold and start going up very soon.
Nice, so Clay is just a paid pumper from Ihub. I was very disappointed when I saw your post, but not surprised. I always thought there was something wrong or secretive about him.
All boats will rise despite our opinions. Yeah, they're all POS stocks, but who cares. Make your profit and don't look back. MJ index looked good today and I watch it for support and resistance levels.
Agreed. Always watch GW for sector movement that can lift all boats.
FYI 3 times the O/S have been traded so far....it's only noon.
Ask yourself why?
Nice chart thanks!
Green close, RSI pointing up and Homing Pigeon on the candles...