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Friday, 01/24/2014 1:37:41 PM

Friday, January 24, 2014 1:37:41 PM

Post# of 341704
GOLDEN CROSS ON EXCEPTIONALLY HIGH VOLUME
For the uninitiated, the GOLDEN CROSS is when the 50 day moving average (MA) crosses above the 200 day moving average. Typically technicians will use the "simple" moving averages as the preferred MA.

A GOLDEN CROSS is the most basic, most accurate bullish indicator for chartists. It predicts a bull market. Read more here:
http://www.investopedia.com/terms/g/goldencross.asp

A GOLDEN CROSS on high volume, such as ERBB is experiencing, is about as bullish as it gets. In fact most of the MJ stocks are plowing through bullish crosses.

This is only the beginning. In the next few weeks we could be looking at 1000% gains.

For ERBB, the Zazz machine going into PARC dispensary in AZ is huge. The Obama crew discussing banking for MJ companies is equally as huge. And even bigger is the dialog Obama has had recently stating that marijuana is no more harmful than alcohol. That statement alone is a pretext to full, federal legalization.

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