Green Cures and Botanical Distribution Inc (GRCU)

[georgie18]

Traders listen to the charts the rest is just noise...GRCU closed with a Marubozu Black Candle which is a bearish candle when viewed individually but in this setting can represent capitulation and a final shake of weak hands before the bulls take charge again.... GRCU is setting up to break / hold the 200ma..imo..it is good to test support so we can bounce and move up without visiting support down there again...the 50ma just crossed the 100ma which is another bullish signal....chart is looking bearish but the trend line is very bullish so you have a bearish move in a bullish chart...which to me is the perfect time to buy at the bottom of a reversal...RSI..is oversold...signals a buy...Williams at -100 signals a buy...011 support on the 50ma and the 100ma says we bounce...signals a buy...stochs has bottomed..the last time it hit this bottom it started the 0003 to 0026 run...CMF shows buying is very strong..so traders are grabbing this low....Aroon is showing a strong trend up...A/D shows strong accumulation....For maximum profit on a trade you buy a bearish move on a bullish chart...AIMHO....