American Green Inc (ERBB)

[Inhibiton]

AS IT SEEMS CONCERN TO QUITE A FEW PEOPLE I WANTED TO ADDRESS THIS ISSUE!


I'VE BEEN VESTED IN THIS SECTOR FOR AWHILE NOW, THIS COMPANY IN PARTICULAR SINCE EARLY JANUARY. THIS IS THE 1ST TIME I'VE HAD THE WANT TO TOUCH BASE ON THESE FEW ISSUES SINCE FROM BOARD TO BOARD IT SEEMS TO BE THE SAME CONSENSUS FOR A SELECT FEW. SO I FELT COMPELLED TO PLACE A POST HERE.

FIRTS, AS FAR AS PR'S GO. FROM MY KNOWLEDGE OF TRACKING THE NUMBERS, EVERY DAY ON ALMOST EVERY STOCK IN THE HERBAL SECTOR. THE RELATIVE PREFORMANCE OF ALL THE STOCKS, WELL THE ONES WORTH INVESTING IN ANYWAYS SEEM TO HAVE ALL OCCURED THE SAME % CHANGE SINCE THE PARABOLIC MOVE THAT STARTED AROUND JAN29.SO IN ESSENCE EVEN THOUGH ERBB HAS NOT PUT OUT AN OVERWHELMING AMOUNT OF PRESS RELEASES THIS LAST MONTH, IT STILL TRACK THE SAME PREFORMANCE OF EVEN THE PREMIER STOCKS(M*NA, HE*P, M*IP, ECT). WE ARE I BELIEVE UP ROUGHLY 250 FROM THE LOW ON THE 29TH OF JAN(THINK IT WAS .0027 OR SO). IN MY MIND ERBB TRACKING THE SAME WITHOUT THE OVER ABUNDANCE OF PR'S IS EXTREMELY BULLISH, CONSIDERING MOST THE OTHER GUYS HAVE PUMPED OUT RELEASE AFTER RELEASE, TO EXPAND KNOWLEDGE AWARENESS TO TO THE MASSES AND PEOPLE WHO HAVEN'T KNOWN ABOUT THIS SECTOR. THAT IS MY OPINION

AND AS FAR AS VOLUME GOES, THIS IS KIND THE SAME THING THAT PLAYED OUT AFTER THE LAST RUN UP. AND CONSIDERING THAT FROM LATE DECEMBER, EVERY TIME WE HAVE A RUN UP OF ABOUT 100%+ WE SEEM TO ALWAYS PULL BACK TO THAT 50% RETRACEMENT LEVEL. BUT WHAT I'VE NOTICED IS THAT EVERY TIME WE SEEM TO RUN HIGHER AND HIGHER, WELL % WISE ANYWAYS BEFORE THE PULL BACK. SO EVERY TIME WE SEE AND EXTENDED PARABOLIC RISE WE SEE A PULLBACK IN LINE WITH THE RISE. SO WHEN I SEE A RISE FROM .0027 TO .0185 IN ROUGHLY 9DAYS I EXPECT A PULL BACK OF AT LEAST 60%, AS THE LAST PULLBACK WAS 55% ON JUST A 340% RISE! AND ALSO A PULLBACK ON LOW VOLUME IS A BULLISH INDICATOR ESPECIALLY CONSIDERING THE ROOM FOR GROWTH IN THIS SECTOR/CULTURE MOVING FORWARD!

~LOW VOLUME PULLBACK~

Definition of 'Low Volume Pullback'
A technical correction toward an area of support that occurs on lower-than-average volume. The low volume is a signal to traders that the trend is not reversing and that it is only the weak longs looking to lock in a quick profit. Frequent moves that occur in the opposite direction of a trend, which are accompanied by low volume, are normal fluctuations and generally deemed to be insignificant. On the other hand, a large spike in volume in the opposite direction of the trend could be used to signal that the smart money is starting to look for the exits and that the trend is getting ready to reverse.

'Low Volume Pullback'
Many technical traders will try to enter a position on the short-term weakness seen in a low volume pullback because it increases the risk/reward ratio as stop losses are closer to major support levels. It is common that large changes in volume will precede a price move. Traders will use indicators, such as the on-balance volume (OBV) to find situations where the trend and the volume are diverging.

Read more: http://www.investopedia.com/terms/l/low_volume_pullback.asp#ixzz2MItIm7wT