Marijuana Company of America Inc (MCOA)

[mrscashflow]

Price Pattern w/ABCD and "W" Formation

Starting from Jan 2, 2017
A .088 B .063 C .078 D .063 A. .072 (Patter Completed)

Current: Price Pattern
A.072 B.065 C.102 D ? (Need data from the Price Labels)

The price labels depicts the extreme Highs and Lows
With the ZigZag outline the where the price been.

The new Pattern showing a dip I don't
at what price. The chart saying expect
a follow thru, but Technicians expect
a dip or pullback during Lunch with a
possible recovery before 3:00 pm

MCOA has been in an Uptrend since Dec 26, 2017

Parabolic Sar confirm the Trend is where the
the Sellers (SAR= Stop and Reversed)

Buyer has been in control since Monday 12/26
I expect any Dips could be swift but it will
at some point will reload ')

3 Month
http://stockcharts.com/h-sc/ui?s=MCOA&p=D&yr=0&mn=3&dy=0&id=p70450512843

Ichimoku Cloud (full) 5 Month Chart
This indicator is Bullish

The Blue line on top of the Red line Bullish
Watching the Red line to point downward away
from the Blue line.

Both are pointing up by Friday's Green candlestick
that's because the "ABCD Price Pattern is @ (C)"

Once Red line start to trade down and
the Blue line continue to move up.

The indicator will move away from each other
as the Red line moves down the Higher the stock
price will move.

I watch the Green line to the left of the chart
Green line follows the Price movement through out
the day if the price moving Up, Down or sideways
it's easy for me to eyeball the chart Vs drawing
trendlines especially, while I placing a Trade.

My other signal is when the candlestick trade through
the Red Cloud very Bullish$$$

5 Month
http://stockcharts.com/h-sc/ui?s=MCOA&p=D&yr=0&mn=5&dy=0&id=p49667327336

P.S
How I follow the price location movements

I believe it's going to be a wild week of fun$$$ ')