InvestorsHub Logo
Followers 385
Posts 9065
Boards Moderated 3
Alias Born 03/04/2006

Re: ospreyeye post# 2815

Thursday, 02/07/2013 11:59:31 AM

Thursday, February 07, 2013 11:59:31 AM

Post# of 120639
All the pot stocks need several days of consolidation to build a base before moving higher. Without it you end up with a chart built out of toothpicks and no real support anywhere. We all know from watching the promo plays from last year what ultimately happens when the toothpick charts get a dilution kid with a Super Sawsall cutting the supports out from under them.

What I think needs it the price to settle between the MA10 and MA50 for a few days. Those that want to get back on the train can those that don't can watch the loading take place in a calm manner.

http://stockcharts.com/h-sc/ui?s=PHOT&p=D&yr=0&mn=6&dy=0&id=p98980382267