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Yep...5 Mil flashed at .05 to throw it lower, and it worked. Just have to sit and wait it out.
OK, I'm in FITX for the 50-DMA bounce. Go baby!
VEND bounce = weee!
FITX daily chart just touched the 20-DMA for the first time in two months. That 20-DMA may be tested again here, but I'm guessing we'll see a bounce off that major moving average and it will act as support for a while. Notice the volume that came when the price hit the lower .08's yesterday, pushing it back upwards. We shall see.
Wow. Not a lot to go off of with that HPNN chart. It has a very short trading history with any volume. The moving averages don't mean much. If I were playing it, that would be a knife-catcher for sure, just grabbing a few shares where L2 looks strong and then flipping out of them quickly.
I bought a little PMCM as it sat on the 200-DMA on Friday, hoping for a little bounce off that moving average, since it held for a while. Now they're making a big announcement related to pot. Sheesh, everybody is jumping on that bandwagon. An "entertainment company" that has been releasing digital singles into the music market is now a pot company too? OK...whatever. At least I'm in for the ride if the market believes them. hehe.
Yeah, .0031 would be my "first entry" buy, and then we'll see if it holds or not. With the 20-DMA there, and a previous resistance point (now support) from the first of the month, I'll see if it gets a little bounce there. I won't be going in with very much...that's just where I'll consider touching it.
The .0036 / .0037 range held nicely today and it just got a nice bounce there. If I miss this one, that's OK. I'll keep my eyes on it
Thanks for the post!
Watching HEMP come down. -40%
Mostly, I've been playing those MJ stocks not so much as bottom pinchers, but trading the bounces off of moving averages, since they seem to be on steady uptrends. I just sold ERBB again today...just playing the swings while they have good volume
Red is a trade at (or below) the bid. Green is a trade at (or above) the ask. No color is usually something between...or when ask and bid are equal for a moment.