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~$850 Mill Bought @ HoD into the Close @.13! Next week is set up nicely. New money in, scared profit takers out, shorts getting squeezed.
Look at the chart. Today is the start of the break out. Looking forward to next week.
where do you see authorized shares vs outstanding shares?
Placed my 88,200 shares under a GTC Limit Sell order @ $1 so nobody can borrow my shares. Everyone here should as well
When is the merger supposed to happen?
Lighter volume bear pullback is a great thing for the bulls
Thank You very much! Will you be covering MCIG at all as well on saturday?
Ballistic: You dont trade on indicators, you use them in confluence with other pieces of information like candlestick patterns, levels of support and resistance, news, fundamentals etc. I think ignoring them is wrong just on the fact alone that other people use them. You do you though :) thats what makes a market.
Richard: Good call on the hanging man. This morning I was looking for the evening star setup but by the end of the day I didn't know what to think. Forgot about this one. This is why I come here! Thanks!
Overbought. Any indicator you look at will tell you this is way overbought. FullStoch 84 & 79, huge MACD divergence, RSI 84.7, MoneyFlowIndex 85. I am a MJNA bull, just hoping for a healthy move. Does anybody have any thoughts? Besides the pump spam and dump spam*
Daily MACD divergence, stochastics, rsi, and moneyflowIndex has me a bit worried. Just hope the consolidation grinds to .11 or .105 and doesnt come down too hard
Clay is an experienced trader, who just also called those guys (like yankee) noobs hahaha love it. I will continue to be buying the pull backs
There has only be 1 other day with higher volume than today if iam not mistaken
Ill take more share @ .11 support lvl!!!
30m Bull Flag forming. Get ready for another afternoon pop. The daily money flow index is rocketing with 9 trading days left before voting day. Looking great!
Concrete .08 Support. I agree this just goes to show this isnt a pump and dump. Others are down big today. Real buyers are using the .08 support level to load up on the sellers mistakes. Taking a breath after a large move at a key support level is great price action for serious holders.
Grinding sideways on .08 support level, looking good going into the close and for tomorrow
Gotta love the strong .08 support level!
54.7M Vol. Each time this has happen in the past MJNA reached .48 cents, just saying this is the start of a bigger longer term move.
Gap out of consolidation! Doesnt get any more beautiful than gapping right out of the pennant consolidation pattern that had got so tight on friday it was bound to happen today.
Consolidation post 100% move is getting extremely tight. Looks like the MJNA coil is about ready to spring to its next level. Especially with a huge underlying bid supporting the consolidation. Love it!!
very low volume selling is good. When there are low volume bid pulling the price down thats a good thing, for serious traders, investors and the high volume
750K share bid on .068, huge support is moving higher!!
1M volume bid at .065 ... and 820K today at .0665 and 750k at .0651 so far today. Thats called support. This isnt going to hit the .04s again. Good luck to everyone who didnt see a declining volume pullback trying to buy before .07+
Looks like .055 is turning into a nice support level
States Support Pot Vote!
I found this balletPedia site, thought Id share. According to the studies it notes it looks like CA, FL, MA, NV, ME should all say yes to their marijuana ballot questions!! Seems like this is going to be a huge year for the marijuana industry!
https://ballotpedia.org/California_Proposition_64,_Marijuana_Legalization_(2016)