$$$Ospreyeye: Charts, Technical Analysis & Japanese Candlestick Patterns$$$

[ospreyeye]

MJNA: closed right below MA(20)/ Middle BB......not a coincidence......this is the key level for MJNA and all MMJ stocks.....

watch the middle Bollinger Band like an OSPREY........if support holds it could be safe to go long & if support breaks do not touch.......wait for the next moving average.....

if the MMJ plays trade below MA(20) the trend will have changed from Bullish to bearish......very important for the entire sector that the Middle BB holds.....

this is all anyone should watch now.......nothing matters, but holding that support.....it's do or die for MJNA......I'm looking for a bounce.....we'll see......$$$