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Thursday, April 10, 2014 11:00:27 PM
If people are selling out of fear, longs are willing to buy! With an industry emerging speculation is always in full force, keep an eye on the prize, and don't let panic jade that vision. Obviously MJNA has made good moves upward, and most likely serious buyers want a lower price, but RSI is to low for the company to continue to pique the interest of staple investors if MJNA reacts to the fear sentiment. A plus for today, is that volume is picking up, I wouldn't be surprised if MJNA has descent gains on Friday. At .23 and oversold, MJNA looks pretty attractive, .18 wouldn't make sense if MJNA wants to be considered an industry leader. Good things are coming, and when people least expect, MJNA will solidify their place in this new industry.
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