Wednesday, October 01, 2014 12:31:59 AM
Vape Chart
Downside break = .50 cents downside. Probably the lowest it will go according to technicals. Hopefully after .50 cents we get a big upward move to $5.00 during 2015-16.
Upside breakout is very unlikely. This bounce was fun but is done.
The symmetrical triangle narrows during the Nov 4th vote. I'm assuming that Oregon, Alaska and Florida will say no, with only D.C saying yes to Legalization, thus 3 states being a huge negative and providing the downside catalyst.
Downside break = .50 cents downside. Probably the lowest it will go according to technicals. Hopefully after .50 cents we get a big upward move to $5.00 during 2015-16.
Upside breakout is very unlikely. This bounce was fun but is done.
The symmetrical triangle narrows during the Nov 4th vote. I'm assuming that Oregon, Alaska and Florida will say no, with only D.C saying yes to Legalization, thus 3 states being a huge negative and providing the downside catalyst.
All posts are for entertainment purposes only, not a solicitation to buy or sell any stock. Do your own DD.
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