Chart Patterns and Trends

[Epic]

Traders

GM traders here are 3 charts I have on my watch list this week.

LBYE- Very heavy accumulation showing on the chart . LBYE has been in a load channel under .04. Now with ASHER debt paid in full I am watching for a breakout. Break of .04 and close above will signal the new bullish trend. My guys were in this last time from .018 to .12 with ASHER in the way. With ASHER out I expect this one to get wheels on the .04 breakout. http://stockcharts.com/h-sc/ui?s=LBYE&p=D&b=5&g=0&id=p98812158088&a=331101686


MMRF- Another great past play back on radar. MMRF we played from .02 to .12 cents. It is now back on radar with a sweet looking chart.

http://stockcharts.com/h-sc/ui?s=MMRF&p=D&b=5&g=0&id=p63510229075&a=332843812



FITX- This one is in the HOT "marijuana" sector. I am watching the 1 hour chart for a breakout. This one could go either way here still so be careful. The chart is ready for the pop but needs volume to come in to the upside.

http://stockcharts.com/h-sc/ui?s=FITX&p=60&b=5&g=0&id=p60711353959&a=331838205