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Re: Army_Strong post# 111476

Thursday, 10/12/2017 2:14:48 PM

Thursday, October 12, 2017 2:14:48 PM

Post# of 179941
Agreed.

Though it's a little frustrating, the fact of the matter is that a month or so ago, support was hovering around 0.055...now it's right around 0.06 with a clear resistance from the last two weeks at 0.072...that 0.072 may not be the case anymore as I'm starting to see a similar trading pattern around 0.061/0.062.

My hope is that since there was so much accumulation between 0.065-0.071 prior to this week that much of the bag holders from lower levels are simply getting out and taking profit. Unfortunately for them it is at a time where POTN is about to clearly post another record quarter and I say that because I think that based on today's figure, they've already surpassed the number from Q2.

This having been said, the mj space and marijuana stocks in general tend to heat up at the end of October/early November so market catalysts mixed with company catalysts and less resistance (with the assumption that a good amount of selling was previous holders) could be the perfect set up for a real run later this year.... POTN swing/long

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