Medican Enterprises Inc (MDCN)

[cjstocksup]

The MDCN chart is fine. For those who panic sold on the open we have been moving up nice since. I wish I was here dang I would have grabbed more fast. The best scenario would be to close over .016 but it is not a must. As long as we hold .013 ahead we are good. We are still in a nice uptrend.

CJSTOCK -- please read this:

I would private message you but I'm just a free member. I value your opinion. I am a fundamentals chart technical analysis guy. Based on what I see, we hit a major red flag today, closing below opening share price.

With the negative sentiment that is running rampant, and the general public seemingly overly concerned with lack of news, this may run down from retain selling combined with shorts.

What are your thoughts on the chart, as well as the direction of this stock in the coming 3-4 days. Please consider the general sentiment in the air, as well as fundamentals and charts. Thanks man!