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Re: None

Tuesday, 10/21/2014 4:57:51 PM

Tuesday, October 21, 2014 4:57:51 PM

Post# of 111920
Nice day. MMJ market green overall as expected. Should keep it up through 11/4 then the real party starts! Note that MC|G dropped big news and nothing really happened... It's mainly big picture market forces at play right now. An 8k or PR won't really do much for us at this time, but they'll come. Maybe a small AM pop but as long as we are under the .034 mark flippers will continue to fall over themselves and keep price down. I do think some positive news on Hanover will bring a certain group or two back here in due time, however. Chart wise we cleared the 100 sma on the hourly today and it held as resistance. The next major resistance is .0192, which is the 200 sma on hourly. Could happen tomorrow. Psychologically we need to get over .02 and .03 will come easy... Hold that and .05-.06 are next. Then we move sideways/slightly upward to .08 and I've always said once we hit .10 the price might as well be .15. These are the major psychological barriers to me and probably others. Good job today, longs.