Medical Marijuana Inc (MJNA)

[doone]

It's simply technical analysis of the chart. Is the glass half full or half empty?

Half Full:

-Successful break of .12 resistance on 6/24
-New resistance .15 Support now at .12
-Weekly close above .12 very bullish,
-Daily MACD trending up about to go positive
-10 day moving average crossing the 20 dma, very bullish
-capitulation occurred 6/20 with a 21mill volume selloff
-shorts are a non-issue.

Half Empty

it's simply technical analysis of the chart.
-overbought stochastics
-bearish golden cross- 50dma thru 200dma
-price rolling over, no volume
-shorts in control

likely retest of dec lows around .07.

Arcview: Trip's name badge said Investor, not Company looking for money